Relating to the Texas Livestock and Rodeo Education and Continuation Grant Program.
What changed between versions
Created a new Chapter 452 in the Government Code establishing the Texas Livestock and Rodeo Education and Continuation Grant Program.
Established a new fund consisting of legislative appropriations, gifts, grants, and interest earned, held in trust by the comptroller.
Requires grant recipients with operating budgets over $10 million to submit economic impact reports, while those under $10 million must submit community development needs reports.
Mandates biennial reports to the legislature by December 1 of each even-numbered year, including fund balance, grant amounts, application numbers, and economic impact reports.
Set initial board appointments to occur by January 1, 2026, with specific staggered term expirations through 2032, and program effective date of September 1, 2025.