Texas § OC.2028.2041 - ALLOCATION OF CERTAIN FUNDS
Full text of Texas The Texas Constitution § OC.2028.2041 — ALLOCATION OF CERTAIN FUNDS, with citation guidance and answers to common questions.
§ OC.2028.2041. ALLOCATION OF CERTAIN FUNDS
ALLOCATION OF CERTAIN FUNDS. (a) In each state fiscal biennium, the comptroller shall deposit the amounts allocated under Section 151.801 (c-3), Tax Code, into the escrow account established under Section 2028.204 (b), until the comptroller determines the amount deposited into the account in that fiscal biennium equals the greater of: (1) the amount appropriated to the commission for the purposes of Section 2028.204 for that fiscal biennium; or (2) $50 million. (b) Once the comptroller determines the greater of the amount described by Subsection (a)(1) or (2) has been deposited during a state fiscal biennium into the escrow account established under Section 2028.204 (b), for the remainder of that fiscal biennium the comptroller shall deposit the amounts allocated under Section 151.801 (c-3), Tax Code, into the general revenue fund. (c) The balance of the escrow account established under Section 2028.204 (b) shall not exceed $50 million. Added by Acts 2019, 86th Leg., R.S., Ch. 1365 (H.B. 2463 ), Sec. 5, eff. September 1, 2019.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § OC.2028.2041
What does The Texas Constitution § OC.2028.2041 cover?
Section OC.2028.2041 ("ALLOCATION OF CERTAIN FUNDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § OC.2028.2041?
A common citation format is "The Texas Constitution § OC.2028.2041" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.2028.2041 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.