Sec. 443.0295. GOVERNOR'S MANSION RENEWAL TRUST FUND. (a) The Governor's Mansion renewal trust fund is created as a trust fund outside the treasury with the comptroller and shall be administered by the board, as a trustee on behalf of the people of this state, to maintain and preserve the Governor's Mansion. The fund consists of:
(1) money transferred to the fund at the direction of the legislature; and
(2) money donated to the board for the purposes of preserving and maintaining the Governor's Mansion.
(b) Money in the fund may be used only for the purpose of performing major repairs to or preserving the Governor's Mansion, as determined by the board.
(c) The interest received from investment of money in the fund shall be credited to the fund.
Added by Acts 2013, 83rd Leg., R.S., Ch. 401 (S.B. 201), Sec. 4, eff. September 1, 2013.
Section: Previous 443.017 443.018 443.019 443.020 443.021 443.022 443.023 443.0231 443.024 443.025 443.026 443.027 443.028 443.029 443.0295Last modified: September 28, 2016