Sec. 256.105. MATCHING FUNDS. (a) Except as provided by Subsection (b), to be eligible to receive a grant under the program, matching funds must be provided, from any source, in an amount equal to at least 20 percent of the amount of the grant.
(b) A county that the department determines to be economically disadvantaged must provide matching funds in an amount equal to at least 10 percent of the amount of the grant.
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