Section 2023.053 - Texas Racing Commission Fund; Additional Appropriations(a) The commission shall deposit the money it collects under this subtitle in the state treasury to the credit of a special fund to be known as the Texas Racing Commission fund.(b) The Texas Racing Commission fund may be appropriated only for the administration and enforcement of this subtitle.(c) Any unappropriated money exceeding $2 million that remains in the fund at the close of each state fiscal biennium shall be transferred to the general revenue fund and may be appropriated for any purpose. (d) The legislature may appropriate money from the general revenue fund for the administration and enforcement of this subtitle.(e) [Repealed by 2023 amendment](f) This section does not apply to money deposited into the Texas-bred incentive fund established under Section 2028.301.Tex. Occ. Code § 2023.053
Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 1120,Sec. 9, eff. 9/1/2023.Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 1120,Sec. 7, eff. 9/1/2023.Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1366,Sec. 1, eff. 9/1/2019.Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 963,Sec. 1.01, eff. 4/1/2019.