83R10156 KLA-D
By: Davis S.B. No. 1370
A BILL TO BE ENTITLED
AN ACT
relating to the deposit of money received from the federal
government.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 404.094, Government Code, is amended by
amending Subsection (b) and adding Subsections (e), (f), and (g) to
read as follows:
(b) Money that is required by this subchapter or by another
law to be deposited in the treasury shall be deposited to the credit
of the general revenue fund unless the money is required by
Subsection (e) or otherwise expressly required to be deposited to
another fund, trust fund, or special account not in the general
revenue fund. This subsection does not affect the authority of the
comptroller to establish and use accounts necessary to manage and
account for state revenues and expenditures.
(e) Notwithstanding any other law and except as otherwise
required by federal law or this state's constitution, the
comptroller shall deposit money collected or received from the
federal government to the credit of:
(1) a fund in the state treasury outside the general
revenue fund that is specified by general law; or
(2) if general law does not specify a fund described by
Subdivision (1), another fund in the state treasury outside the
general revenue fund, or an account in another of those funds,
established by the comptroller for purposes of this subsection.
(f) The comptroller may establish funds in the state
treasury outside the general revenue fund and accounts in those
funds as necessary for purposes of Subsection (e).
(g) Subsection (e) does not affect a dedication of money to
one or more purposes or entities that is specified by general law or
otherwise affect authority to spend money as provided by general
law.
SECTION 2. Section 404.094, Government Code, as amended by
this Act, applies only to money received from the federal
government on or after September 1, 2015. Money received from the
federal government before that date is governed by the law in effect
immediately before the effective date of this Act, and that law is
continued in effect for that purpose.
SECTION 3. This Act takes effect September 1, 2013.