Texas § LA.203.258 - EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS
Full text of Texas The Texas Constitution § LA.203.258 — EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS, with citation guidance and answers to common questions.
§ LA.203.258. EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS
EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS. Revenue collected from the unemployment obligation assessment in any year that exceeds the amount of the bond obligations and bond administrative expenses payable in that year and interest earned on the obligation trust fund may, in the discretion of the commission, be: (1) used to pay bond obligations payable in the subsequent year, offsetting the amount of the assessment that would otherwise have to be levied for the year under this subchapter; (2) used to redeem or purchase outstanding bonds; (3) deposited in the unemployment compensation fund; or (4) used to pay principal and interest on advances from the federal trust fund. Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003; Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LA.203.258
What does The Texas Constitution § LA.203.258 cover?
Section LA.203.258 ("EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS") 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 § LA.203.258?
A common citation format is "The Texas Constitution § LA.203.258" (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 § LA.203.258 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.