TITLE: Relating to the creation of the aviation development account.

SUMMARY: Relating to the creation of the aviation development account.

FULL TEXT:
AN ACT relating to the creation of the aviation development account. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter C, Chapter 21, Transportation Code, is amended by adding Section 21.1045 to read as follows: Sec. 21.1045. AVIATION DEVELOPMENT ACCOUNT. (a) The aviation development account is a separate account in the general revenue fund. (b) The account consists of transfers made to the account. (c) Money in the account may be appropriated only to the department for making grants to political subdivisions under this subchapter. (d) Any money in the account not appropriated for a state fiscal year remains in the account. The account is exempt from the application of Section 403.095, Government Code. SECTION 2. This Act takes effect September 1, 2019.