Texas Transportation Code

§ 256.105 — MATCHING FUNDS

TN § 256.105Title 6. ROADWAYS · Part C. COUNTY ROADS AND BRIDGES · Ch. 256. FUNDS AND TAXES FOR COUNTY ROADS · Art. C. TRANSPORTATION INFRASTRUCTURE FUND

Statute text

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(a)Except as provided by Subsection (b), to be eligible to receive a grant under the program, matching funds must be provided, from any source, in an amount equal to at least 20 percent of the amount of the grant.

(b)A county that the department determines to be economically disadvantaged must provide matching funds in an amount equal to at least 10 percent of the amount of the grant.

Legislative history

Added by Acts 2013, 83rd Leg., R.S., Ch. 1372 (S.B. 1747), Sec. 1, eff. September 1, 2013.