1 Tex. Admin. Code § 3.87
Program Income
Effective Oct 13, 200328 TexReg 8873Source Note: The provisions of this §3.87 adopted to be effective February 24, 2000, 25 TexReg 1297; amended to be effective July 16, 2000, 25 TexReg 6485; amended to be effective December 16, 2002, 27 TexReg 11729; amended to be effective April 2, 2003, 28 TexReg 2737; amended to be effective October 13, 2003, 28 TexReg 8873.Texas Secretary of State
- (a) Rules governing the use of program income are included in the provisions adopted by reference in §3.19 of this chapter.
- (b) Program income may only be used for allowable project costs as reflected in an approved budget. Otherwise, grantees must refund program income to CJD.
- (c) CJD may require or allow a grantee to transfer the CJD portion of program income and property to another grant, grantee or to CJD.
- (d) Grantees must submit written requests to CJD to carry program income forward from one grant year to the next within 90 calendar days after the end of the grant period. Grantees may not carry program income forward without written CJD approval.
- (e) All funds, accrued interest, and property awarded to a grantee under a forfeiture action represent program income, and these funds shall be added to the funds committed to the project in accordance with federal regulations as adopted by reference in §3.19 of this chapter.
Source Note:The provisions of this §3.87 adopted to be effective February 24, 2000, 25 TexReg 1297; amended to be effective July 16, 2000, 25 TexReg 6485; amended to be effective December 16, 2002, 27 TexReg 11729; amended to be effective April 2, 2003, 28 TexReg 2737; amended to be effective October 13, 2003, 28 TexReg 8873.