Issue Date: 2023-09-01
Revised Date: 2025-08-06

Legal Citations

Origin:

H.B. 3447 and H.B. 3461, 88th Leg., R.S.

Purpose

Fund outside of the state treasury held by the Comptroller and administered by the commission. The fund consists of, gifts, grants, donations, and money from any source designated by the legislature.

Used to provide grants for development of emerging technologies, research, workforce training for any aspect of exploration and space flight. Also for curation of post-mission materials and spaceport infrastructure development.  Funds may be used to cover costs incurred under intergovernmental agreements between the commission and another state or the United States.

Grant eligible entities include businesses, nonprofits and government entities involved in space exploration, research, or aeronautics.

Classification Group 13: Local Trust [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated.

Administering Agencies

Financial Activity

To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Note

H.B. 5246, 89th Leg., R.S. added new use to cover incurred under intergovernmental agreements.

USAS Values

USAS Title SPACE EXPLORATION/AERONAUTICS TRUST FUND
Consolidated Fund
State Fund Group 13 - LOCAL TRUST
USAS Status A
Funds held outside the state treasury in a trustee capacity for individuals, private organizations or other governmental entities. Includes assets belonging to individuals and other entities held temporarily in a custodial capacity.