Sec. 322.012. GIFTS AND GRANTS. (a) The board may accept gifts, grants, and donations from any organization described in Section 501(c)(3) of the Internal Revenue Code for the purpose of funding any activity under this chapter.
(b) All gifts, grants, and donations must be accepted in an open meeting by a majority of the voting members of the board and reported in the public record of the board with the name of the donor and purpose of the gift, grant, or donation.
Added by Acts 1987, 70th Leg., ch. 617, Sec. 3, eff. Sept. 1, 1987.
Structure Texas Statutes
Subtitle C - Legislative Agencies and Oversight Committees
Chapter 322 - Legislative Budget Board
Section 322.003. Quorum; Meetings
Section 322.007. Estimates and Reports
Section 322.008. Appropriations Bill
Section 322.0081. Budget Documents Online
Section 322.009. Inspection Committees
Section 322.010. Inspections and Hearings
Section 322.011. Performance Audits and Reports
Section 322.012. Gifts and Grants
Section 322.013. Review of Educational Policy Implementation
Section 322.014. Report on Major Investment Funds
Section 322.015. Review of Interscholastic Competition
Section 322.016. Performance Review of School Districts
Section 322.0165. Performance Review of Institutions of Higher Education
Section 322.017. Efficiency Review of State Agencies
Section 322.0171. Efficiency Review of River Authorities
Section 322.0175. Strategic Fiscal Review of State Agencies and Programs
Section 322.018. Records Management Review
Section 322.019. Criminal Justice Policy Analysis
Section 322.020. Major Contracts Database
Section 322.022. Public Hearing on Interim Budget Reduction Request
Section 322.024. Reduction of Reliance on Available Dedicated Revenue for Budget Certification