{"data":{"id":"us-tx/tex.-occupations-code-2028.2041","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 2028.2041","heading":"ALLOCATION OF CERTAIN FUNDS.","body":"(a) In each state fiscal biennium, the comptroller shall deposit the amounts allocated under Section 151.801(c-3), Tax Code, into the escrow account established under Section 2028.204(b), until the comptroller determines the amount deposited into the account in that fiscal biennium equals the greater of:\n(1) the amount appropriated to the commission for the purposes of Section 2028.204 for that fiscal biennium; or\n(2) $50 million.\n(b) Once the comptroller determines the greater of the amount described by Subsection (a)(1) or (2) has been deposited during a state fiscal biennium into the escrow account established under Section 2028.204(b), for the remainder of that fiscal biennium the comptroller shall deposit the amounts allocated under Section 151.801(c-3), Tax Code, into the general revenue fund.\n(c) The balance of the escrow account established under Section 2028.204(b) shall not exceed $50 million.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 1365 (H.B. 2463), Sec. 5, eff. September 1, 2019.","path":["OCCUPATIONS CODE","TITLE 13. SPORTS, AMUSEMENTS, AND ENTERTAINMENT","SUBTITLE A-1. TEXAS RACING ACT","CHAPTER 2028. PARI-MUTUEL POOLS, PURSES, AND FEES","SUBCHAPTER E. DISTRIBUTION OF SIMULCAST PARI-MUTUEL POOLS"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2028.htm#2028.2041","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"94229ca4f9d7e6730671ed8557452c2bbdf46473bd5ad554d559885b0a22d8a7","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-2028.204","next":"us-tx/tex.-occupations-code-2028.205"},"notice":"GroundRules: Original legal text. Not legal advice."}