Sec. 401.003. INAUGURAL FUND. (a) The inaugural fund is a special fund in the state treasury. Money in the inaugural fund may be appropriated only for expenditures authorized by this chapter.
(b) The comptroller shall credit to the inaugural fund a pro rata share of the interest received from the deposit of state funds as if the inaugural fund were a constitutional fund.
Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.06, eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle A - Executive Officers
Chapter 401 - Governor and Lieutenant Governor
Section 401.001. Inaugural Committee
Section 401.002. Organization, Powers, and Duties of Committee
Section 401.003. Inaugural Fund
Section 401.004. Inaugural Contributions
Section 401.006. Competitive Bidding
Section 401.007. Records of Expenditures
Section 401.008. Final Report; Dissolution of Committee
Section 401.009. Claims Filed After Dissolution