Texas Transportation Code

§ 222.076 — SEPARATE SUBACCOUNTS

TN § 222.076Title 6. ROADWAYS · Part B. STATE HIGHWAY SYSTEM · Ch. 222. FUNDING AND FEDERAL AID · Art. D. STATE INFRASTRUCTURE BANK

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(a)The bank shall consist of at least two separate subaccounts, a highway subaccount and a transit subaccount.

(b)In addition to the subaccounts under Subsection (a), the commission may create one or more subaccounts that are capitalized with state funds only. Subaccounts capitalized with state funds only are not subject to the federal act. Added by Acts 1997, 75th Leg., ch. 1171, Sec. 1.21, eff. Sept. 1, 1997. Amended by:

Legislative history

Acts 2005, 79th Leg., Ch. 1267 (H.B. 2134), Sec. 4, eff. June 18, 2005.