Issue Date: 2015-07-22
Revised Date:

Legal Cites

Origin:

H.B. 1000 and H.B. 6, 84th Leg., R.S.

Purpose

Consists of legislative appropriations, including amounts from abolished GR Account 5124 - Emerging Technology. Provides funding to eligible research universities for faculty support and to ensure excellence in instruction and research. Appropriated amounts to eligible institutions are based on the average amount of total research funds expended by each institution per year for the three preceding state fiscal years.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Deposited to General Revenue Fund 0001.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Note

Originally added in statute as the Texas Competitive Knowledge Fund by S.B. 215, 83rd Leg., R.S. but not exempted in the funds consolidation bill and not created. Re-created and re-named by H.B. 1000 and H.B. 6, 84th Leg., R.S.

S.B. 632, H.B. 26 and H.B. 7, 84th Leg., R.S. directs amounts from GR Account 5124 to new fund.

USAS Values

USAS Title TEXAS RESEARCH UNIVERSITY FUND
Consolidated Fund
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.