Texas § GV.490.101 - TEXAS EMERGING TECHNOLOGY FUND

Full text of Texas The Texas Constitution § GV.490.101 — TEXAS EMERGING TECHNOLOGY FUND, with citation guidance and answers to common questions.

§ GV.490.101. TEXAS EMERGING TECHNOLOGY FUND

TEXAS EMERGING TECHNOLOGY FUND. (a) The Texas emerging technology fund is a dedicated account in the general revenue fund. (b) The following amounts shall be deposited in the fund: (1) any amounts appropriated by the legislature for the fund; (2) benefits realized from a project undertaken with money from the fund, as provided by a contract entered into under Section 490.103; (3) gifts, grants, and other donations received for the fund; and (4) interest earned on the investment of money in the fund. Text of subsection as added by Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7 ), Sec. 16 (b-1) The fund may be used only for the purposes described by Section 490.104 . Text of subsection as added by Acts 2015, 84th Leg., R.S., Ch. 323 (S.B. 632 ), Sec. 3, and Ch. 915 (H.B. 26 ), Sec. 1.03 (b-1) Notwithstanding Subsection (b), benefits realized from a project undertaken with money from the fund, as provided by a contract entered into under former Section 490.103 before September 1, 2015, shall be deposited to the credit of the governor's university research initiative fund established under Subchapter H , Chapter 62 , Education Code. (b-2) The fund may be used only for the purposes described by Section 490.104 . (c) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. (d) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. (e) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. (f) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. (f-1) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. (g) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. (h) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. (i) Repealed by Acts 2015, 84th Leg., R.S., Ch. 323 , Sec. 4(a)(1), Ch. 448 , Sec. 47(1), and Ch. 915 , Sec. 1.04(a)(1), eff. September 1, 2015. Added by Acts 2005, 79th Leg., Ch. 280 (H.B. 1765 ), Sec. 1, eff. June 14, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 852 (H.B. 1188 ), Sec. 8, eff. September 1, 2007. Acts 2011, 82nd Leg., R.S., Ch. 1297 (H.B. 2457 ), Sec. 10, eff. September 1, 2011. Acts 2015, 84th Leg., R.S., Ch. 323 (S.B. 632 ), Sec. 3, eff. September 1, 2015. Acts 2015, 84th Leg., R.S., Ch. 323 (S.B. 632 ), Sec. 4(a)(1), eff. September 1, 2015. Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7 ), Sec. 16, eff. September 1, 2015. Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7 ), Sec. 47(1), eff. September 1, 2015. Acts 2015, 84th Leg., R.S., Ch. 915 (H.B. 26 ), Sec. 1.03, eff. September 1, 2015. Acts 2015, 84th Leg., R.S., Ch. 915 (H.B. 26 ), Sec. 1.04(a)(1), eff. September 1, 2015. Text of section as added by Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7 ), Sec. 17 For text of section as added by Acts 2015, 84th Leg., R.S., Ch. 323 (S.B. 632 ), Sec. 2, and Ch. 915 (H.B. 26 ), Sec. 1.02, see other Sec. 490.104.

Frequently Asked Questions About Texas § GV.490.101

What does The Texas Constitution § GV.490.101 cover?

Section GV.490.101 ("TEXAS EMERGING TECHNOLOGY 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.490.101?

A common citation format is "The Texas Constitution § GV.490.101" (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.490.101 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.