Tex. Government Code § 404.096
This is the official text of Tex. Government Code § 404.096, part of Texas’s Government Code — covers the structure and operation of Texas state and local government.
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§ 404.096. RAPID DEPOSITS, TRANSACTIONS, AND TRANSFERS REQUIRED.
Official statutory text
According to a schedule established by the comptroller, the comptroller shall conduct a study of each state agency that collects or receives $50 million or more a year from all sources or processes 100,000 or more transactions a year of any kind to determine whether implementing a program for the rapid administration of deposits or transactions by the agency or for the rapid transfer of revenue or information to or from the state agency would result in a net savings of state revenue. If the comptroller determines that the implementation of a program for the rapid administration of deposits or transactions or for the rapid transfer of revenue or information to or from the state agency would result in a net savings of state revenue, the comptroller may require the agency to implement a program for that rapid administration or transfer that meets the specifications of the comptroller.
Status: in_force · Read it on the official government site
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