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Tex. Gov't Code § 483.201

TEXAS ADVANCED NUCLEAR DEVELOPMENT FUND

Added by Acts 2025, 89th Leg., R.S., Ch. 1067 (H.B. 14), Sec. 1, eff

(a) The Texas advanced nuclear development fund is created as a dedicated account in the general revenue fund. The fund consists of:

(1) subject to Section 483.101(d), gifts, grants, or donations to the fund; and

(2) money from any other source designated by the legislature.

(b) The office may use money in the fund:

(1) to provide reimbursement-based grants to eligible businesses, nonprofit organizations, and governmental entities, including institutions of higher education, through the programs established in this subchapter; and

(2) to pay for reasonable and necessary costs for staff support necessary to facilitate the work of the office.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.