Tex. Government Code § 404.096
RAPID DEPOSITS, TRANSACTIONS, AND TRANSFERS REQUIRED
Texas · Texas Government Code · Status: effective
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- Citation
- Tex. Government Code § 404.096, RAPID DEPOSITS, TRANSACTIONS, AND TRANSFERS REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/652287
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Full text
According to a schedule established by the comptroller, the comptroller shall conduct a study of each state agency that collects or receives $50 million or more a year from all sources or processes 100,000 or more transactions a year of any kind to determine whether implementing a program for the rapid administration of deposits or transactions by the agency or for the rapid transfer of revenue or information to or from the state agency would result in a net savings of state revenue. If the comptroller determines that the implementation of a program for the rapid administration of deposits or transactions or for the rapid transfer of revenue or information to or from the state agency would result in a net savings of state revenue, the comptroller may require the agency to implement a program for that rapid administration or transfer that meets the specifications of the comptroller.