Tex. Gov't Code § 481.658 · Subchapter GG. TEXAS SEMICONDUCTOR INNOVATION CONSORTIUM
TEXAS SEMICONDUCTOR INNOVATION FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The Texas Semiconductor Innovation Fund is created as a dedicated account within the general revenue fund. The fund consists of:
(1) gifts, grants, or donations to the fund; and
(2) money from any other source designated by the legislature.
(b) Money in the fund may be used to:
(1) provide matching funding to state entities, including institutions of higher education, for semiconductor manufacturing and design projects;
(2) award grants to business entities with an established presence in this state to encourage economic development related to semiconductor manufacturing and design; and
(3) subject to Subsection (c), pay for staff support services described by Section 481.654(b).
(c) The consortium shall request from the Legislative Budget Board approval to use money in the fund for the purpose described by Subsection (b)(3). A request under this subsection shall be considered approved on the 30th day after receipt by the Legislative Budget Board unless expressly disapproved.
Notes and commentary — not statutory text
History
Added by Acts 2023, 88th Leg., R.S., Ch. 455 (H.B. 5174), Sec. 1, eff. June 9, 2023.
Amended by:
Acts 2025, 89th Leg., R.S., Ch. 468 (H.B. 4850), Sec. 9, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.481.htm
- Text hash
- sha256 bcf178be823a294cc858c0336eb1ccd55c590fb45e1b18542eae3ca682dba58a
- 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
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