CHAPTER 2201. TEXAS CAPITAL TRUST FUND - Texas Statutes

GOVERNMENT CODE

TITLE 10. GENERAL GOVERNMENT

SUBTITLE E. GOVERNMENT PROPERTY

CHAPTER 2201. TEXAS CAPITAL TRUST FUND

Sec. 2201.001. TEXAS CAPITAL TRUST FUND. The Texas capital

trust fund is in the state treasury.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1,

1993.

Sec. 2201.002. USE OF FUND. The fund may be used to finance:

(1) the acquisition, construction, repair, improvement, or

equipping of a building by a state agency for a state purpose;

(2) the acquisition of real or personal property necessary for a

state agency to take an action described by Subdivision (1);

(3) the administration of the asset management division of the

General Land Office; or

(4) any other purpose for which funds may be appropriated from

general revenue.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1,

1993. Amended by Acts 1999, 76th Leg., ch. 1499, Sec. 1.32, eff.

Sept. 1, 1999; Acts 2003, 78th Leg., ch. 1310, Sec. 59, eff. June

20, 2003.

Sec. 2201.003. TRANSFERS FROM CAPITAL TRUST FUND. (a) Interest

earned by the fund shall be deposited to the credit of the

housing trust fund.

(b) At the end of each fiscal biennium the unencumbered balance

of the fund shall be transferred to the credit of the general

revenue fund.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1,

1993. Amended by Acts 1997, 75th Leg., ch. 1123, Sec. 14, eff.

Sept. 1, 1997; Acts 2003, 78th Leg., ch. 1310, Sec. 60, eff. June

20, 2003.