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Texas Health and Safety Code

§ 102.255 — CONTRACT TERMS

HS § 102.255Title 2. HEALTH · Part E. HEALTH CARE COUNCILS AND RESOURCE CENTERS · Ch. 102. CANCER PREVENTION AND RESEARCH INSTITUTE OF TEXAS · Art. F. PROCEDURE FOR MAKING AWARDS

Statute text

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(a)The oversight committee shall negotiate on behalf of the state regarding awarding, by grant, money under this chapter.
(b)Before awarding a grant under Subchapter E, the committee shall enter into a written contract with the grant recipient. The contract may specify that:
(1)if all or any portion of the amount of the grant 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 the 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

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 266 (H.B. 14), Sec. 4., eff. November 6, 2007. Acts 2009, 81st Leg., R.S., Ch. 368 (H.B. 1358), Sec. 13, eff. June 19, 2009. Acts 2013, 83rd Leg., R.S., Ch. 1150 (S.B. 149), Sec. 24, eff. June 14, 2013.

Source: Texas Health and Safety Code § 102.255 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.