Texas § 2308.263 APPROVAL OF FISCAL AGENT.

Texas Statutes

§ 2308.263 — APPROVAL OF FISCAL AGENT.

Texas § 2308.263

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 2308.263 (2026).

Text

Sec. 2308.263. APPROVAL OF FISCAL AGENT.

(a)The Texas Workforce Commission must approve the fiscal agent selected by a board before any federal or state workforce development funds may be disbursed to the board.

(b)The commission shall base its approval on an audit of the financial capability of the fiscal agent to ensure that fiscal controls and fund accounting procedures necessary to guarantee the proper disbursal of and accounting for federal and state funds are in place.

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Sec. 2308.263. APPROVAL OF FISCAL AGENT. (a) The Texas Workforce Commission must approve the fiscal agent selected by a board before any federal or state workforce development funds may be disbursed to the board.
(b) The commission shall base its approval on an audit of the financial capability of the fiscal agent to ensure that fiscal controls and fund accounting procedures necessary to guarantee the proper disbursal of and accounting for federal and state funds are in place.