The priority 1 carryforward classification applies to:

1. (1) an issuer of a state-voted issue; and

2. (2) a state agency, other than an issuer of a state-voted issue, that applies for a carryforward designation for a project that:

   1. (A) is described by Section 1372.067(a)(2); and
   2. (B) the Texas Economic Development and Tourism Office determines meets the governor's criteria for funding from the Texas Enterprise Fund.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Acts 2007, 80th Leg., R.S., Ch. 991 (S.B. 1332), Sec. 9, eff. September 1, 2007.