Texas Statutes
§ 489.302 — MICRO-BUSINESS DISASTER RECOVERY FUND.
Texas § 489.302
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 489.302 (MICRO-BUSINESS DISASTER RECOVERY FUND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Government Code Code Ann. § 489.302 (2026).
Text
Sec. 489.302. MICRO-BUSINESS DISASTER RECOVERY FUND.
(a)The micro-business disaster recovery fund is a dedicated account in the general revenue fund.
(b)The micro-business disaster recovery fund is composed of:
(1)money appropriated by the legislature for the implementation and administration of this subchapter;
(2)amounts received by the state from federal grants or other sources;
(3)interest earned on the investment of money in the micro-business disaster recovery fund;
(4)amounts transferred from the Texas economic development bank fund; and
(5)any other amounts received under this subchapter and required by the bank to be deposited in the micro-business disaster recovery fund.
(c)Money in the micro-business disaster recovery fund may be appropriated only to the bank for use in
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Legislative History
Added by Acts 2021, 87th Leg., R.S., Ch. 947 (S.B. 1465 ), Sec. 1, eff. June 18, 2021.
Nearby Sections
15
§ 489.001
DEFINITIONS.§ 489.002
RULES.§ 489.101
CREATION OF BANK.§ 489.102
POWERS AND DUTIES OF BANK.§ 489.103
FEES.§ 489.104
ALLOCATION OF RESOURCES.§ 489.106
ADMINISTRATION OF FUND AND CHAPTER.§ 489.107
ANNUAL REPORT.§ 489.151
STATE LIABILITY PROHIBITED.§ 489.152
GIFTS, GRANTS, AND DONATIONS.§ 489.211
TEXAS PRODUCT DEVELOPMENT FUND.§ 489.212
SMALL BUSINESS INCUBATOR FUND.§ 489.215
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Bluebook (online)
Texas § 489.302, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/489.302.