| Issue Date: | 2023-06-12 |
|---|---|
| Revised Date: |
Legal Cites
- Government Code sec. 481.658
Origin:
H.B. 5174 and H.B. 3461, 88th Leg., R.S.
Purpose
An account in general revenue to provide matching grants to state entities and higher education institutions for semiconductor projects and grants to businesses to encourage economic development related to semiconductor manufacturing and design.
The account consists of legislative appropriations, gifts, grants, and donations.
Money in the account may be used, with Legislative Budget Board approval, for administration of the Texas Semiconductor Innovation Consortium (administratively attached to the office).
| Classification | Group 01: General State Operating and Disbursing Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
USAS Values
| USAS Title | GR ACCT - TEXAS SEMICONDUCTOR INNOVATION |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 01 - GENERAL STATE OPERATING & DISBURSING FDS |
| USAS Status | A |
Used to make general expenditures for the daily operations of state government.