Texas Statutes
Subchapter B. General Powers and Duties
Section 403.0122. Deposit of American Recovery and Reinvestment Act Money

Sec. 403.0122. DEPOSIT OF AMERICAN RECOVERY AND REINVESTMENT ACT MONEY. (a) In this section:
(1) "Fund" means the American Recovery and Reinvestment Act fund.
(2) "Recovery act" means the federal American Recovery and Reinvestment Act of 2009 (Pub. L. No. 111-5).
(b) The American Recovery and Reinvestment Act fund is created as a special fund in the state treasury outside the general revenue fund.
(c) Notwithstanding any other law of this state and except as otherwise provided by federal law, state agencies that receive money under the recovery act shall deposit the money to the credit of the fund as the comptroller determines is necessary to hold and account for money received under the recovery act.
(d) Other money may be deposited to the credit of the fund as appropriated by the legislature, as required by federal law, or as necessary to account for money related to the recovery act. Money deposited to the credit of the fund may only be used for the purposes identified in the recovery act to stimulate the economy, including aid for unemployment, welfare, education, health, and infrastructure.
(e) Agencies shall transfer amounts between the fund and other accounts and funds in the treasury as necessary to properly account for money received under the recovery act as directed by the comptroller. This section does not affect the authority of the comptroller to establish and use accounts necessary to manage and account for revenues and expenditures.
(f) Interest earned on money deposited to the credit of the fund is exempt from Section 404.071. Interest earned on money in the fund shall be retained in the fund.
(g) The comptroller may issue guidelines for state agencies regarding the implementation of this section.
Added by Acts 2009, 81st Leg., R.S., Ch. 1051 (H.B. 4583), Sec. 20(b), eff. June 19, 2009.

Structure Texas Statutes

Texas Statutes

Government Code

Title 4 - Executive Branch

Subtitle A - Executive Officers

Chapter 403 - Comptroller of Public Accounts

Subchapter B. General Powers and Duties

Section 403.011. General Powers

Section 403.0111. Distribution of Federal Tax Information

Section 403.0115. Reports Published on Internet

Section 403.0116. Municipal and County Budgets on Internet

Section 403.012. Acceptance of Federal Money or Property

Section 403.0121. Acceptance of Federal Money

Section 403.0122. Deposit of American Recovery and Reinvestment Act Money

Section 403.013. Report to Governor

Section 403.0131. Appropriation Certification

Section 403.014. Report on Effect of Certain Tax Provisions

Section 403.0141. Report on Incidence of Tax

Section 403.0142. Report on Origin of Tax Revenue

Section 403.0143. Report on Use of General Revenue-Dedicated Accounts

Section 403.0145. Publication of Fees Schedule

Section 403.0147. Report on State Programs Not Funded by Appropriations

Section 403.015. Electronic Computing and Data Processing

Section 403.016. Electronic Funds Transfer

Section 403.0165. Payroll Deduction for State Employee Organization

Section 403.017. Custody of Security for Money and Deeds

Section 403.018. Assistance in Reconstructing Destroyed Records

Section 403.019. Contracts to Collect Out-of-State Debts

Section 403.0195. Contracts for Information About Property Recoverable by the State

Section 403.021. Encumbrance Reports

Section 403.0221. Performance Audit of Certain Transit Authorities

Section 403.023. Credit, Charge, and Debit Cards

Section 403.0231. Credit Card Agreement Benefitting State

Section 403.0232. Credit or Debit Card Agreement Benefiting Public Schools

Section 403.024. Searchable State Expenditure Database

Section 403.0241. Special Purpose District Public Information Database

Section 403.0242. Special Purpose District Noncompliance List

Section 403.0245. Availability on Internet of Certain Information on State Grants

Section 403.0246. Local Development Agreement Database

Section 403.0247. Noncompliance; Civil Penalty

Section 403.025. Federal Earned Income Tax Credit

Section 403.026. Electronic Storage and Maintenance of Records

Section 403.027. Digital Signatures

Section 403.0271. Authorizations to Debit State Accounts

Section 403.028. Strategies to Reduce Emissions of Greenhouse Gases

Section 403.029. Transfer of Certain Money to General Revenue Fund

Section 403.0301. Intellectual Property

Section 403.03058. Report on Occupational Licensing