Issue Date: 2021-09-01
Revised Date: 2024-01-01

Legal Cites

  • Government Code sec. 403.552
  • Sec. 9901, American Rescue Plan Act of 2021, U.S. Pub. L. No. 117-2

Origin:

H.B. 1505 and H.B. 2896, 87th Leg., R.S.

Purpose

Established outside of the General Revenue Fund to receive a one-time transfer of federal money received under the American Rescue Plan Act. Used for replacing utility poles to speed up deployment of broadband service to individuals in rural areas.

May receive transfers from Fund 0191 - Texas Broadband Infrastructure per H.B. 9, 88th Leg., R.S.

Classification Group 03: Federal Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Note

Government Code sec. 403.502 redesignated 403.552 by H.B. 4595, 88th Leg., R.S.

H.B. 9, 88th Leg., R.S. required a one-time $75 million transfer from Fund 0191 - Texas Broadband Infrastructure to the fund by 9/15/2024.

USAS Values

USAS Title BROADBAND POLE REPLACEMENT FUND
Consolidated Fund
State Fund Group 03 - FEDERAL FUNDS
USAS Status A
Funds for which a separate accounting is required by federal law.