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Texas Transportation Code - TRANSP § 1001.151. Texas Department of Motor Vehicles Fund

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The Texas Department of Motor Vehicles fund is a special fund in the treasury outside the general revenue fund and the state highway fund.

(b) Except as provided by Subsection (c), and unless otherwise dedicated by the Texas Constitution, the fund consists of:

(1) money appropriated by the legislature to the department;

(2) money allocated to pay fund accounting costs and related liabilities of the fund;

(3) gifts, grants, and donations received by the department;

(4) money required by law to be deposited to the fund;

(5) interest earned on money in the fund; and

(6) other revenue received by the department.

(c) Money appropriated to the department for Motor Vehicle Crime Prevention Authority purposes and other revenue collected or received by the Motor Vehicle Crime Prevention Authority may not be deposited into the fund.

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Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 1001.151. Texas Department of Motor Vehicles Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-1001-151/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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