Texas Transportation Code - Section 55.005. Port Access Account Fund
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§ 55.005. PORT ACCESS ACCOUNT FUND. (a) The port access
account fund is an account in the general revenue fund.
(b) The following money shall be credited to the fund:
(1) money received from gifts, grants, and donations;
and
(2) interest earned on deposits and investments of the
fund.
(c) Money in the fund may be appropriated only to the
department to perform the department's powers and duties concerning
port transportation and economic development under this chapter and
to pay the department's expenses incurred under this chapter.
(d) The financial transactions of the fund are subject to
audit by the state auditor.
Added by Acts 2001, 77th Leg., ch. 1268, § 1, eff. Sept. 1, 2001.
Section: 54.154 54.155 54.156 55.001 55.002 55.003 55.004 55.005 55.006 55.007 55.008 55.009 60.001 61.001 61.002
Last modified: August 10, 2007
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