Texas Health and Safety Code

§ 101A.304 — CONTRACT TERMS

HS § 101A.304Title 2. HEALTH · Part E. HEALTH CARE COUNCILS AND RESOURCE CENTERS · Ch. 101A. DEMENTIA PREVENTION AND RESEARCH INSTITUTE OF TEXAS · Art. G. PROCEDURE FOR AWARDING GRANTS

Statute text

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(a)Before disbursing grant money awarded under this chapter, the institute shall execute a written contract with the grant recipient. The contract shall:

(1)specify that except for awards to state agencies or public institutions of higher education, if all or any part of the grant amount is used to build a capital improvement:

(A)the state retains a lien or other interest in the capital improvement in proportion to the percentage of the grant amount used to pay for the capital improvement; and

(B)the grant recipient shall, if the capital improvement is sold:

(i)repay to this state the grant money used to pay for the capital improvement, with interest at the rate and according to the other terms provided by the contract; and

(ii)share with this state a proportionate amount of any profit realized from the sale;

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Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 137 (S.B. 5), Sec. 1, eff. December 1, 2025, subject to resolution of an election contest under Chapter 233, Election Code, relating to Article III, Section 68, Texas Constitution.