Tex. Educ. Code § 43.020

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 43.020 - Treatment of Accrued Income

All interest and dividends accruing from the investments of the permanent school fund shall be deposited to the credit of the available school fund in accordance with the accrual basis of accounting. Funds recognized under this section are considered part of the available school fund and may be appropriated as provided by Section 5, Article VII, Texas Constitution.

Tex. Educ. Code § 43.020

Added by Acts 2003, 78th Leg., ch. 201, Sec. 37, eff. 6/10/2003.