Tex. Lab. Code § 203.021 · Subchapter B. UNEMPLOYMENT COMPENSATION FUND
UNEMPLOYMENT COMPENSATION FUND; SEPARATE ACCOUNTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The unemployment compensation fund is a special fund.
(b) The compensation fund consists of:
(1) contributions collected under this subtitle;
(2) interest earned on money in the compensation fund;
(3) property or securities acquired through the use of money in the compensation fund;
(4) earnings of property or securities described by Subdivision (3);
(5) amounts recovered for losses sustained by the compensation fund; and
(6) other money received for the compensation fund from any other source.
(c) Money in the compensation fund shall be mingled and undivided.
(d) The comptroller shall maintain in the compensation fund:
(1) a clearing account;
(2) a federal trust fund account; and
(3) a benefit account.
(e) Money in the compensation fund may not be transferred to the:
(1) Texas Enterprise Fund created under Section 481.078, Government Code; or
(2) Texas emerging technology fund established under Section 490.101, Government Code.
Notes and commentary — not statutory text
History
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 12.03, eff. Sept. 1, 1997.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1297 (H.B. 2457), Sec. 12, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LA/htm/LA.203.htm
- Text hash
- sha256 7019db4557ce2c61f7a5a39dcb7e7ff7f8af0060b77ad8b0bfb2bb3cf5d2da88
- 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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