§ 47.002 — FUND ESTABLISHED.

Texas § 47.002

• Jurisdiction: Texas
• Code ED: Education Code

Text

Sec. 47.002. FUND ESTABLISHED. (a) The tax reduction and excellence in education fund is a special fund in the state treasury outside the general revenue fund.
(b) The fund consists of:
(1) money appropriated by the legislature for deposit to the credit of the fund;
(2) gifts to the state for the purposes of the fund; and
(3) money directed by law for deposit to the credit of the fund.

Legislative History

Added by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3 ), Sec. 1.010, eff. January 1, 2020.