Tex. Gov't Code § 481.604

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 481.604 - Uses of Loan

An eligible small business may only use a loan received under this subchapter to pay the small business's payroll costs, including costs related to the continuation of health care benefits for the small business's employees.

Tex. Gov't. Code § 481.604

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 847,Sec. 1, eff. 9/1/2021.