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Tex. Government Code § 403.0121

ACCEPTANCE OF FEDERAL MONEY

Texas · Texas Government Code · Status: effective

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Tex. Government Code § 403.0121, ACCEPTANCE OF FEDERAL MONEY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/651999
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The comptroller shall execute instruments necessary to accept money, gifts, or assets authorized by federal statute to be paid to the state in lieu of taxes or as a gift by the Secretary of Housing and Urban Development or any federal agency. The comptroller shall deposit funds received under this section in the general revenue fund.