Texas § GV.481.658 - TEXAS SEMICONDUCTOR INNOVATION FUND
Full text of Texas The Texas Constitution § GV.481.658 — TEXAS SEMICONDUCTOR INNOVATION FUND, with citation guidance and answers to common questions.
§ GV.481.658. TEXAS SEMICONDUCTOR INNOVATION FUND
TEXAS SEMICONDUCTOR INNOVATION FUND. (a) The Texas Semiconductor Innovation Fund is created as a dedicated account within the general revenue fund. The fund consists of: (1) gifts, grants, or donations to the fund; and (2) money from any other source designated by the legislature. (b) Money in the fund may be used to: (1) provide matching funding to state entities, including institutions of higher education, for semiconductor manufacturing and design projects; (2) award grants to business entities with an established presence in this state to encourage economic development related to semiconductor manufacturing and design; and (3) subject to Subsection (c), pay for staff support services described by Section 481.654 (b). (c) The consortium shall request from the Legislative Budget Board approval to use money in the fund for the purpose described by Subsection (b)(3). A request under this subsection shall be considered approved on the 30th day after receipt by the Legislative Budget Board unless expressly disapproved. Added by Acts 2023, 88th Leg., R.S., Ch. 455 (H.B. 5174 ), Sec. 1, eff. June 9, 2023. Amended by: Acts 2025, 89th Leg., R.S., Ch. 468 (H.B. 4850 ), Sec. 9, eff. September 1, 2025. Subchapter HH, consisting of Secs. 481.701 to 481.706, was added by Acts 2025, 89th Leg., R.S., Ch. 239 (S.B. 2925 ), Sec. 1. For another Subchapter HH, consisting of Secs. 481.681 to 481.688, added by Acts 2025, 89th Leg., R.S., Ch. 1111 (H.B. 4751 ), Sec. 1, see Sec. 481.681 et seq., post. For expiration of this subchapter, see Section 481.706. SUBCHAPTER HH. TASK FORCE ON MODERNIZING MANUFACTURING
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.481.658
What does The Texas Constitution § GV.481.658 cover?
Section GV.481.658 ("TEXAS SEMICONDUCTOR INNOVATION FUND") 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 § GV.481.658?
A common citation format is "The Texas Constitution § GV.481.658" (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 § GV.481.658 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.