Sec. 404.046. PAYMENT FROM TREASURY. The comptroller shall pay warrants the comptroller draws on the treasury that are authorized by law. Except as provided by Section 403.0271, money may not be paid out of the treasury except on a warrant drawn or an electronic funds transfer initiated by the comptroller. A warrant may not be paid by the comptroller unless presented for payment to a financial institution or the comptroller before two years after the close of the fiscal year in which the warrant was issued. Claims for the payment of warrants presented after that time may be presented to the legislature for appropriations from which the claims may be paid.
Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1989, 71st Leg., ch. 78, Sec. 5, eff. May 11, 1989; Acts 1997, 75th Leg., ch. 1423, Sec. 7.44, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 1467, Sec. 1.20, eff. June 19, 1999.
Structure Texas Statutes
Subtitle A - Executive Officers
Chapter 404 - State Treasury Operations of Comptroller
Section 404.043. Security Officers
Section 404.045. Receipt of Money
Section 404.046. Payment From Treasury
Section 404.049. Money in Treasury
Section 404.050. Delivery to Successor
Section 404.051. Money Returned to County or Municipality
Section 404.052. Obligations of Municipalities, Districts, and Political Subdivisions
Section 404.055. Time and Demand Deposits
Section 404.056. Information Concerning Warrants
Section 404.057. Warrants Payable Accounts
Section 404.058. Outstanding Warrants
Section 404.059. General Ledger Accounts
Section 404.060. Priority of Warrants
Section 404.062. Undetermined Remittances
Section 404.065. Cash Balancing
Section 404.067. Safekeeping; Investment Agencies
Section 404.068. State Regulatory Agencies Safekeeping and Pledged Collateral
Section 404.070. Validity of Voided Warrants
Section 404.071. Disposition of Interest on Investments