Texas § GV.489.105 - TEXAS ECONOMIC DEVELOPMENT BANK FUND
Full text of Texas The Texas Constitution § GV.489.105 — TEXAS ECONOMIC DEVELOPMENT BANK FUND, with citation guidance and answers to common questions.
§ GV.489.105. TEXAS ECONOMIC DEVELOPMENT BANK FUND
TEXAS ECONOMIC DEVELOPMENT BANK FUND. (a) The Texas economic development bank fund is a dedicated account in the general revenue fund. (b) The fund consists of: (1) appropriations for the implementation and administration of this chapter; (2) fees charged under Subchapter BB , Chapter 481 ; (3) interest earned on the investment of money in the fund; (4) fees charged under this chapter; (5) investment earnings from the programs administered by the bank; (6) amounts transferred under Section 2303.504 (b); (7) investment earnings under the Texas product development fund under Section 489.211 ; (8) investment earnings under the Texas small business incubator fund under Section 489.212 ; and (9) any other amounts received by the state under this chapter. (c) Money in the fund may be used only to carry out the purposes of this chapter. (d) The financial transactions of the fund are subject to audit by the state auditor as provided by Chapter 321 . Added by Acts 2003, 78th Leg., ch. 814, Sec. 2.01, eff. Sept. 1, 2003. Amended by: Acts 2021, 87th Leg., R.S., Ch. 1004 (H.B. 3271 ), Sec. 17, eff. June 18, 2021. Acts 2023, 88th Leg., R.S., Ch. 690 (H.B. 1515 ), Sec. 8, eff. September 1, 2023.
Frequently Asked Questions About Texas § GV.489.105
What does The Texas Constitution § GV.489.105 cover?
Section GV.489.105 ("TEXAS ECONOMIC DEVELOPMENT BANK 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.489.105?
A common citation format is "The Texas Constitution § GV.489.105" (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.489.105 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.