Tex. Ins. Code § 1551.405 · Subchapter I. FUNDS
EMPLOYEES' HEALTH CARE STABILIZATION TRUST FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The employees' health care stabilization trust fund is a fund in the state treasury.
(b) The board of trustees shall administer the fund.
(c) The following shall be credited to the fund:
(1) money transferred to the fund at the direction of the legislature; and
(2) gifts and grants contributed to the fund.
(d) In administering the fund, the board of trustees shall make investments in a manner that preserves the purchasing power of the fund's assets.
(e) Money in the fund may not be spent for any purpose, except that the interest and investment returns of the fund may be appropriated only to stabilize the cost of state and participant contributions for health benefit coverage under this chapter by minimizing to the greatest extent possible increases in those contributions.
(f) The fund is exempt from the application of Section 403.095, Government Code.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1551.htm
- Text hash
- sha256 7b34cb7c202ad130890e43362ef62d21953c460618e0a2f9456c3801f60bbd65
- 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.
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.