Tex.
Educ. Code Section 61.5391
Physician Education Loan Repayment Program Account
(a)
The physician education loan repayment program account is an account in the general revenue fund. The account is composed of:(1)
gifts and grants contributed to the account;(2)
earnings on the principal of the account; and(3)
other amounts deposited to the credit of the account, including:(A)
money deposited under Section 61.5392 (Federal Matching Funds);(B)
legislative appropriations; and(C)
money deposited under Section 155.2415 (Allocation of Certain Revenue to Property Tax Relief Fund and Certain Other Funds), Tax Code.(b)
Money in the account may not be appropriated for any purpose except:(1)
to provide loan repayment assistance to eligible physicians under this subchapter; or(2)
to provide loan repayment assistance under Subchapter JJ if reallocated under Section 61.9826 (Reallocation of Money).(c)
Money deposited to the credit of the account under Section 61.5392 (Federal Matching Funds) may be used only to provide loan repayment assistance to physicians who establish eligibility for the assistance under Section 61.532 (Eligibility)(a)(4)(A) or (b).
Source:
Section 61.5391 — Physician Education Loan Repayment Program Account, https://statutes.capitol.texas.gov/Docs/ED/htm/ED.61.htm#61.5391 (accessed May 26, 2025).