Tex. Occ. Code § 2023.053 · Subchapter B. GENERAL POWERS AND DUTIES
TEXAS RACING COMMISSION FUND; ADDITIONAL APPROPRIATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commission shall deposit the money it collects under this subtitle in the state treasury to the credit of a special fund to be known as the Texas Racing Commission fund.
(b) The Texas Racing Commission fund may be appropriated only for the administration and enforcement of this subtitle.
(c) Any unappropriated money exceeding $2 million that remains in the fund at the close of each state fiscal biennium shall be transferred to the general revenue fund and may be appropriated for any purpose.
(d) The legislature may appropriate money from the general revenue fund for the administration and enforcement of this subtitle.
(e) Repealed by Acts 2023, 88th Leg., R.S., Ch. 1120 (H.B. 1620), Sec. 9(1), eff. September 1, 2023.
(f) This section does not apply to money deposited into the Texas-bred incentive fund established under Section 2028.301.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff. April 1, 2019.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 1366 (H.B. 3366), Sec. 1, eff. September 1, 2019.
Acts 2023, 88th Leg., R.S., Ch. 1120 (H.B. 1620), Sec. 7, eff. September 1, 2023.
Acts 2023, 88th Leg., R.S., Ch. 1120 (H.B. 1620), Sec. 9(1), eff. September 1, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2023.htm
- Text hash
- sha256 e5bd795146cf621bea70fe2fa0ca48ef292208b43830de398b5904e7314e8927
- 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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