Tex. Gov't Code § 441.071 · Subchapter E. PUBLIC LIBRARY ENDOWMENT AND OPERATING FUNDS
TEXAS PUBLIC LIBRARY ENDOWMENT FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The Texas public library endowment fund is a trust fund outside the state treasury held by a bank or depository trust company and administered by the commission for the benefit of the public as provided by this section.
(b) The fund consists of donations accepted by the commission under Section 441.074.
(c) The corpus of the endowment fund may not be spent for any purpose.
(d) Not later than September 1 of each year, the commission shall remit all or part of the interest and income earned on money in the endowment fund to the comptroller for deposit in the state treasury to the credit of the Texas public library fund. The commission shall credit to the corpus of the endowment fund any portion of the interest and income not credited to the public library fund in the treasury.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 152, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.441.htm
- Text hash
- sha256 f2d1db6925adb072f501b76354c2f6d8e589deca42fb87634055155b2f26a60f
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 1 provision
Provisions in this library whose text cites Tex. Gov't Code § 441.071. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.