SEPARATE ACCOUNT FOR MONEY FROM TEXAS COMMISSION ON FIRE PROTECTION

(a) The service shall maintain a separate account within the volunteer fire department assistance fund. (b) The account shall contain money: (1) previously appropriated to the Texas Commission on Fire Protection for the administration of the fire department emergency program and transferred to the service; (2) received from the repayment of outstanding loans transferred to the service from the Texas Commission on Fire Protection fire department emergency program; and (3) from any legislative appropriations for the purposes of Subsection (c). (c) The money in the account may be used only to award grants for scholarships for the education and training of firefighters or for purchasing necessary firefighting equipment and facilities for: (1) a municipal fire department with any number of paid personnel; (2) a fire department operated by its members, some of whom are volunteers and some of whom are paid; or (3) a volunteer fire department. (d) The service shall administer all outstanding loans transferred from the Texas Commission on Fire Protection fire department emergency program and deposit money obtained as repayment of those loans to the credit of the account created under this section.