Tex. Transp. Code § 453.058 · Subchapter B. CREATION AND ADMINISTRATION OF TRANSIT DEPARTMENT
ACCOUNTS AND DEPOSIT OF MONEY; DEDICATION OF MONEY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board shall deposit all transit department money, other than money invested as provided by Section 453.057, with the treasurer of the creating municipality to the credit of the accounts described by Subsection (b).
(b) All money received from the collection of the sales and use tax under Subchapter H shall be credited to an account separate from an account to which all other money governed by Subsection (a) shall be credited.
(c) Sales and use tax collections under Subchapter H may be used only for mass transit.
(d) The board may transfer money credited to the account that does not contain sales and use tax collections back to the municipality.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.453.htm
- Text hash
- sha256 dad8eb44d46624bd5454e5d9249d84fc23ef9211c27ab51be05c53cb1d6c507f
- 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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Transportation Code
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