us-tx/regs
34 Tex. Admin. Code § 9.4327 — Payment to Qualified Local Government
(a)
The comptroller must issue payment to a qualified local government not later than the 30th calendar day after a completed application is submitted to the comptroller as prescribed by §9.4323 of this title (relating to Application) and approved.
(b)
In the event the comptroller determines through the application review process that there is a likelihood that the relevant appropriation amount may be exceeded for the applicable state fiscal year by the total amount of approved applications, the comptroller may take reasonable steps to ensure that the appropriation amount will not be exceeded, including by making pro-rata reductions in award amounts to qualified local governments.
(c)
In the event that steps are necessary to prevent the relevant appropriation from being exceeded under subsection (b) of this section, the 30 day period described in subsection (a) of this section does not begin until the comptroller has finally determined the exact amounts to be paid to the qualified local governments.
(d)
Payments are made subject to Government Code, §403.055 and §403.0551.
Source Note: The provisions of this §9.4327 adopted to be effective February 22, 2016, 41 TexReg 1260.
Source: official text