Section 156.502 - Funding(a) On an application for an original license issued under Chapter 157, the applicant, in addition to paying the original application fee, shall pay a fee in the amount of $20. The fee shall be deposited in the recovery fund.(a-1) All or any portion of the amount of a penalty that is collected by the commissioner under Sections 156.302, 156.303, 157.023, 157.024, 157.031, 158.105, and 180.202, as determined by the commissioner, may be deposited to the credit of the recovery fund at the end of each fiscal year.(b) If the balance remaining in the recovery fund at the end of a calendar year is more than $3.5 million, the amount of money in excess of that amount shall be remitted by the commissioner to the comptroller for deposit in the mortgage grant fund established under Subchapter G.Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 963,Sec. 7, eff. 9/1/2021.Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 929,Sec. 6, eff. 9/1/2021.Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 160,Sec. 41, eff. 9/1/2013.Amended By Acts 2011, 82nd Leg., R.S., Ch. 655, Sec. 39, eff. 9/1/2011.Amended By Acts 2009, 81st Leg., R.S., Ch. 1317, Sec. 20, eff. 9/1/2009.Amended By Acts 2009, 81st Leg., R.S., Ch. 1317, Sec. 21, eff. 9/1/2009.Amended By Acts 2009, 81st Leg., R.S., Ch. 1317, Sec. 29, eff. 9/1/2009.Added by Acts 1999, 76th Leg., ch. 1254, Sec. 2, eff. 9/1/1999.