Texas § OC.2023.053 - TEXAS RACING COMMISSION FUND
Full text of Texas The Texas Constitution § OC.2023.053 — TEXAS RACING COMMISSION FUND, with citation guidance and answers to common questions.
§ OC.2023.053. TEXAS RACING COMMISSION FUND
TEXAS RACING COMMISSION FUND; ADDITIONAL APPROPRIATIONS. (a) The commission shall deposit the money it collects under this subtitle in the state treasury to the credit of a special fund to be known as the Texas Racing Commission fund. (b) The Texas Racing Commission fund may be appropriated only for the administration and enforcement of this subtitle. (c) Any unappropriated money exceeding $2 million that remains in the fund at the close of each state fiscal biennium shall be transferred to the general revenue fund and may be appropriated for any purpose. (d) The legislature may appropriate money from the general revenue fund for the administration and enforcement of this subtitle. (e) Repealed by Acts 2023, 88th Leg., R.S., Ch. 1120 (H.B. 1620 ), Sec. 9(1), eff. September 1, 2023. (f) This section does not apply to money deposited into the Texas-bred incentive fund established under Section 2028.301 . Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969 ), Sec. 1.01, eff. April 1, 2019. Amended by: Acts 2019, 86th Leg., R.S., Ch. 1366 (H.B. 3366 ), Sec. 1, eff. September 1, 2019. Acts 2023, 88th Leg., R.S., Ch. 1120 (H.B. 1620 ), Sec. 7, eff. September 1, 2023. Acts 2023, 88th Leg., R.S., Ch. 1120 (H.B. 1620 ), Sec. 9(1), eff. September 1, 2023.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § OC.2023.053
What does The Texas Constitution § OC.2023.053 cover?
Section OC.2023.053 ("TEXAS RACING COMMISSION 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 § OC.2023.053?
A common citation format is "The Texas Constitution § OC.2023.053" (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 § OC.2023.053 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.