Section 111.26 - Use of Gift Shop Funds(a) Definition of gift shop funds. Gift shop funds shall be defined as the net income received from the Capitol Gift Shop and deposited in the Capitol Fund which is located within the Texas Safekeeping Trust Company managed by the state treasury. The net income includes all revenue received in the Gift Shop, less direct cost of goods and operating expenses.(b) Purpose of gift shop account. The gift shop funds are intended as a source of funding for the benefit of the buildings, their contents and grounds; educational programs related to the General Land Office Building and the historical portion of the Capitol; and the operation of the gift shops and the Capitol Visitors Center in the General Land Office Building. Funds shall not be expended on salaries or routine operating expenses of the agency.(c) Fund usage. Gift shop funds may be used for projects and programs as described in subsection (b) of this section.(d) Reporting. The executive director shall report annually on the use of gift shop funds and the remaining balance in the account.13 Tex. Admin. Code § 111.26
The provisions of this §111.26 adopted to be effective May 7, 1992, 17 TexReg 2980; amended to be effective April 30, 2000, 25 TexReg 3528