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Tex. Gov't Code § 403.0121

ACCEPTANCE OF FEDERAL MONEY

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 18, eff

The comptroller shall execute instruments necessary to accept money, gifts, or assets authorized by federal statute to be paid to the state in lieu of taxes or as a gift by the Secretary of Housing and Urban Development or any federal agency. The comptroller shall deposit funds received under this section in 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.