(a) Interest earned by the fund shall be deposited to the credit of the housing trust fund.
(b) At the end of each fiscal biennium the unencumbered balance of the fund shall be transferred to the credit of the general revenue fund.
TRANSFERS FROM CAPITAL TRUST FUND
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff
(a) Interest earned by the fund shall be deposited to the credit of the housing trust fund.
(b) At the end of each fiscal biennium the unencumbered balance of the fund shall be transferred to the credit of the general revenue fund.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.