Issue Date: 2025-11-17
Revised Date:

Legal Citations

Origin:

S.J.R. 59, 89th Leg., R.S. Approved by voters November 4, 2025

Purpose

Created by the Texas Constitution as a fund in the treasury administered by the Texas State Technical College System without further appropriation for the purpose of funding for capital projects and equipment purchases for the system.

The permanent fund consists of appropriations, gifts, donations, interest and investment earnings. The comptroller manages and invests the fund and determines the amount available for distribution from the fund to the Available Workforce Education Fund 0216 each fiscal year. Distribution amounts must preserve, over a rolling 10-year period, the fund’s purchasing power and may not exceed 5.5 percent of the fair market value of the investment assets of the fund.

Classification Group 02: Constitutional Funds Expendable for a Specific Purpose [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative
Appropriation Technique Appropriated by the Constitution.

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

USAS Values

USAS Title
Consolidated Fund
State Fund Group
USAS Status
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.