Texas § 504.6012 ELIMINATION OF DEDICATED REVENUE ACCOUNTS; REVENUES IN TRUST.

Texas Statutes

§ 504.6012 — ELIMINATION OF DEDICATED REVENUE ACCOUNTS; REVENUES IN TRUST.

Texas § 504.6012

Code TNTransportation Code

This text of Texas § 504.6012 (ELIMINATION OF DEDICATED REVENUE ACCOUNTS; REVENUES IN TRUST.) 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. Transportation Code Code Ann. § 504.6012 (2026).

Text

Sec. 504.6012. ELIMINATION OF DEDICATED REVENUE ACCOUNTS; REVENUES IN TRUST.

(a)Notwithstanding any other law, not later than September 30, 2025, the comptroller shall eliminate all dedicated accounts established for specialty license plates and shall set aside the balances of those dedicated accounts so that the balances may be appropriated only for the purposes intended as provided by the dedications.

(b)On and after September 1, 2025, the portion of a fee payable that is designated for deposit to a dedicated account shall be paid instead to the credit of an account in a trust fund created by the comptroller outside the general revenue fund. The comptroller shall administer the trust fund and accounts and may allocate the corpus and earnings on each account only in accordance with the

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Sec. 504.6012. ELIMINATION OF DEDICATED REVENUE ACCOUNTS; REVENUES IN TRUST. (a) Notwithstanding any other law, not later than September 30, 2025, the comptroller shall eliminate all dedicated accounts established for specialty license plates and shall set aside the balances of those dedicated accounts so that the balances may be appropriated only for the purposes intended as provided by the dedications.
(b) On and after September 1, 2025, the portion of a fee payable that is designated for deposit to a dedicated account shall be paid instead to the credit of an account in a trust fund created by the comptroller outside the general revenue fund. The comptroller shall administer the trust fund and accounts and may allocate the corpus and earnings on each account only in accordance with the dedications of the revenue deposited to the trust fund accounts.

Legislative History

Amended by: Acts 2019, 86th Leg., R.S., Ch. 1173 (H.B. 3317 ), Sec. 15, eff. September 1, 2019. Acts 2021, 87th Leg., R.S., Ch. 829 (H.B. 2896 ), Sec. 14, eff. September 1, 2021. Acts 2023, 88th Leg., R.S., Ch. 858 (H.B. 3461 ), Sec. 17, eff. September 1, 2023. Acts 2025, 89th Leg., R.S., Ch. 662 (H.B. 4488 ), Sec. 15, eff. September 1, 2025.