Sec. 256.102. TRANSPORTATION INFRASTRUCTURE FUND. (a) The transportation infrastructure fund is a dedicated fund in the state treasury outside the general revenue fund. The fund consists of:
(1) any federal funds received by the state deposited to the credit of the fund;
(2) matching state funds in an amount required by federal law;
(3) funds appropriated by the legislature to the credit of the fund;
(4) a gift or grant;
(5) any fees paid into the fund; and
(6) investment earnings on the money on deposit in the fund.
(b) Money in the fund may be appropriated only to the department for the purposes of this subchapter.
(c) Sections 403.095 and 404.071, Government Code, do not apply to the fund.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1372 (S.B. 1747), Sec. 1, eff. September 1, 2013.
Structure Texas Statutes
Subtitle C - County Roads and Bridges
Chapter 256 - Funds and Taxes for County Roads
Subchapter C. Transportation Infrastructure Fund
Section 256.102. Transportation Infrastructure Fund
Section 256.103. Grant Program
Section 256.104. Grant Application Process
Section 256.105. Matching Funds
Section 256.106. Program Administration
Section 256.107. Competitive Bidding Required for Contracts Funded by Grants