Texas § LA.302.101 - TRAINING STABILIZATION FUND

Full text of Texas The Texas Constitution § LA.302.101 — TRAINING STABILIZATION FUND, with citation guidance and answers to common questions.

§ LA.302.101. TRAINING STABILIZATION FUND

TRAINING STABILIZATION FUND. (a) The training stabilization fund is established as a special trust fund outside of the state treasury in the custody of the comptroller separate and apart from all public money or funds of this state. The fund is composed of: (1) money deposited to the fund under Section 204.123 ; and (2) any other money received for deposit in the fund. (b) Money in the training stabilization fund may be used in a year in which the amounts in the employment and training investment holding fund are insufficient to meet the legislative appropriation for that fiscal year for the skills development program strategies and activities. (c) Money in the training stabilization fund shall be transferred to the skills development fund under Subsection (b) not later than September 30. The amount transferred from the training stabilization fund may not exceed the amounts appropriated to the skills development program strategies and activities in the fiscal year in which the transfer is made. (d) Interest that accrues on the money in the training stabilization fund shall be deposited quarterly to the credit of the compensation fund. Added by Acts 2005, 79th Leg., Ch. 1115 (H.B. 2421 ), Sec. 4, eff. June 18, 2005. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1297 (H.B. 2457 ), Sec. 14, eff. September 1, 2011. SUBCHAPTER G. PRIORITY OF SERVICE IN JOB TRAINING AND EMPLOYMENT ASSISTANCE PROGRAMS

Frequently Asked Questions About Texas § LA.302.101

What does The Texas Constitution § LA.302.101 cover?

Section LA.302.101 ("TRAINING STABILIZATION 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 § LA.302.101?

A common citation format is "The Texas Constitution § LA.302.101" (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 § LA.302.101 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.