§ 256.101 Definitions
§ 256.102 Transportation Infrastructure Fund
§ 256.103 Grant Program
§ 256.104 Grant Application Process
§ 256.105 Matching Funds
§ 256.106 Program Administration
§ 256.107 Competitive Bidding Required for Contracts Funded by Grants
§ 256.108 Period for Spending Grant

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Terms Used In Texas Transportation Code Chapter 256 > Subchapter C - Transportation Infrastructure Fund

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Year: means 12 consecutive months. See Texas Government Code 311.005