Tex. Transp. Code § 56.002 · Chapter 56. FUNDING OF SHIP CHANNEL IMPROVEMENTS
SHIP CHANNEL IMPROVEMENT REVOLVING FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The ship channel improvement revolving fund is an account in the general revenue fund. The fund is administered by the commission.
(b) The following money shall be credited to the fund:
(1) money the commission receives as a gift, grant, or donation for a purpose of this chapter;
(2) money appropriated to the commission for the purposes of this chapter;
(3) money received by the commission for the repayment of a loan made by the program established under Section 56.003;
(4) proceeds of bonds issued under Section 56.004; and
(5) interest earned on deposits and investments of the fund.
(c) Money in the fund may be appropriated only to the commission for the purposes of administering the fund and the program established under Section 56.003.
(d) The financial transactions of the fund are subject to audit by the state auditor.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 180 (S.B. 28), Sec. 4, eff. May 26, 2017.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 1310 (H.B. 3850), Sec. 1, eff. June 14, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.56.htm
- Text hash
- sha256 f9d9a12ce126c7a92d8ba11f7b8bca50da08f7924567b50e73e5c2efa4d1ca22
- 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.