Tex. Health & Safety Code Section 65.101
Establishment of Fund

(a)

A trust fund is established outside the state treasury for the purposes of this chapter.

(b)

The fund consists of:

(1)

gifts, grants, and donations received by this state for the purposes of the fund;

(2)

legislative appropriations of money for the purposes of this chapter;

(3)

federal money available to this state that by law may be used for the purposes of this chapter; and

(4)

interest, dividends, and other income of the fund.

(c)

The commission shall administer the fund as trustee for the benefit of the program established by this chapter.

(d)

Money in the fund may be used only to administer the program and provide program services.

(e)

The commission shall ensure money spent from the fund to assist enrollees in purchasing prescription drugs is cost neutral after collecting the prescription drug rebates under the program.

(f)

The commission may solicit and accept gifts, grants, and donations for the fund.
Added by Acts 2021, 87th Leg., R.S., Ch. 626 (H.B. 18), Sec. 2, eff. September 1, 2021.

Source: Section 65.101 — Establishment of Fund, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­65.­htm#65.­101 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 65.101’s source at texas​.gov