Texas § GV.441.1382 - ADDITIONAL FUNDING
Full text of Texas The Texas Constitution § GV.441.1382 — ADDITIONAL FUNDING, with citation guidance and answers to common questions.
§ GV.441.1382. ADDITIONAL FUNDING
ADDITIONAL FUNDING. (a) The commission may authorize a major resource system or regional library system to receive money in addition to the system operation grant, including money from: (1) gifts or grants from the federal government, local or regional governments, private sources, or other sources; (2) contracts for services; (3) cost-sharing arrangements; or (4) other fees. (b) The commission may authorize a major resource system or regional library system to use money received under Subsection (a) to initiate, expand, or enhance activities approved by the commission that meet commission and federal goals. (c) The commission may authorize a major resource system or regional library system to retain money received under Subsection (a) remaining at the end of a fiscal year for activities approved by the commission that meet commission and federal goals. (d) The commission by rule shall require that money received under Subsection (a) must be held in a federally insured account. Interest earned on money in the account shall be retained in the account and is subject to the same terms and reporting requirements as the corpus. (e) The commission by rule may require periodic reporting regarding money received under Subsection (a) and include this information in the annual audit. (f) Money generated through the use of state or federal funds remains the property of the state. If the commission ceases to contract with a major resource system or regional library system, all money received under this section or described by this subsection must be promptly returned to the commission for use in regional library development programs. Added by Acts 2007, 80th Leg., R.S., Ch. 251 (S.B. 913 ), Sec. 7, eff. September 1, 2007.
Frequently Asked Questions About Texas § GV.441.1382
What does The Texas Constitution § GV.441.1382 cover?
Section GV.441.1382 ("ADDITIONAL FUNDING") 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.441.1382?
A common citation format is "The Texas Constitution § GV.441.1382" (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.441.1382 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.