Tex. Gov't Code Section 418.064
Loans

(a)

A loan made from the account must be subject to the following conditions:

(1)

the loan must be made at or below market interest rates for a term not to exceed 10 years; and

(2)

the loan proceeds must be expended by the eligible political subdivision solely for disaster recovery projects.

(b)

The comptroller shall credit to the account all principal and interest payments on a loan from the account.

(c)

If the term of a loan from the account exceeds two years, the state auditor shall, on the second anniversary of the date on which the eligible political subdivision received the loan, conduct a limited audit of the political subdivision to determine whether the political subdivision has the ability to repay the loan under the terms of the loan. The division may forgive a loan made to an eligible political subdivision if the state auditor determines that the political subdivision is unable to repay the loan. The state auditor’s participation under this subsection is subject to approval by the legislative audit committee for inclusion in the audit plan under Section 321.013 (Powers and Duties of State Auditor)(c).
Added by Acts 2019, 86th Leg., R.S., Ch. 946 (S.B. 6), Sec. 3, eff. September 1, 2019.

Source: Section 418.064 — Loans, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­418.­htm#418.­064 (accessed Jun. 5, 2024).

418.001
Short Title 418.002
Purposes 418.003
Limitations 418.004
Definitions 418.005
Emergency Management Training 418.006
Civil Liability 418.011
Responsibility of Governor 418.012
Executive Orders 418.013
Emergency Management Council 418.014
Declaration of State of Disaster 418.015
Effect of Disaster Declaration 418.016
Suspension of Certain Laws and Rules 418.017
Use of Public and Private Resources 418.018
Movement of People 418.019
Restricted Sale and Transportation of Materials 418.020
Temporary Housing and Emergency Shelter 418.021
Federal Aid for Local Government 418.022
Aid for Individuals 418.023
Clearance of Debris 418.024
Rules 418.025
Limited Purpose Declaration 418.026
Grants for Disaster Response by Nonprofit Food Banks 418.041
Organization 418.042
State Emergency Management Plan 418.043
Other Powers and Duties 418.044
Assistance in Development of Local Plans 418.045
Temporary Personnel 418.046
Assistance to Aviators 418.047
Communications 418.048
Monitoring Weather 418.050
Phased Reentry Plan 418.051
Communications Coordination Group 418.052
Use of Funds to Support Certain Persons 418.053
Emergency Services District Program 418.054
Disaster Response Guide 418.055
Information Sharing Work Group 418.056
Disaster Mobile Application 418.057
Disaster Web Portal 418.058
Use of Data Analytics in Disaster Management 418.061
Definitions 418.062
Eligibility for Loan 418.063
Disaster Recovery Loan Program 418.064
Loans 418.065
Application for Loan 418.066
Creation of Account 418.067
Rules 418.071
State Policy 418.073
Disaster Contingency Fund 418.074
Acceptance and Allocation of Gifts and Grants 418.101
All Political Subdivisions Served 418.102
County Programs 418.103
Municipal Programs 418.104
Interjurisdictional Programs 418.105
Liaison Officers 418.106
Local and Interjurisdictional Emergency Management Plans 418.107
Local Finance 418.108
Declaration of Local Disaster 418.109
Authority to Render Mutual Aid Assistance 418.110
Statewide Mutual Aid Program for Fire Emergencies 418.111
Creation of the Texas Statewide Mutual Aid System 418.112
Administration by Division 418.113
Disaster Districts 418.115
Requesting and Providing Mutual Aid Assistance 418.116
Rights and Privileges 418.117
License Portability 418.118
Reimbursement of Costs: State Request or Federal Disaster Declaration 418.121
Duty of Governor 418.122
State Study of Land Use and Construction Standards 418.123
Recommendations for Changes in Land Use or Construction Standards 418.124
Suspension of Land Use or Construction Standards 418.0125
Limitations on Medical Procedures 418.125
Disaster Preparedness Community Outreach 418.126
Pre-event Disaster Response Contracts 418.127
Hurricane Preparedness 418.128
State Agency Hurricane Preparedness 418.129
Housing Assistance Information 418.131
Definitions 418.132
Duties of General Land Office or Designated State Agency 418.133
Local Housing Recovery Plan 418.134
Duties of Hazard Reduction and Recovery Center 418.135
Review of Local Housing Recovery Plan by General Land Office 418.136
Effect of Acceptance 418.141
Definitions 418.142
Establishment 418.143
Composition 418.151
Citizen Duties 418.152
Compensation for Services and Property 418.153
Compensation Claims 418.154
Certain Claims Excluded 418.0155
Suspension List 418.171
Qualifications for Rendering Aid 418.172
Insurance Coverage 418.173
Penalty for Violation of Emergency Management Plan 418.174
Personal Liability Exemption of Member of Emergency Planning Council or Local Emergency Planning Committee 418.175
Certain Information Confidential 418.176
Confidentiality of Certain Information Relating to Emergency Response Providers 418.177
Confidentiality of Certain Information Relating to Risk or Vulnerability Assessment 418.178
Confidentiality of Certain Information Relating to Construction or Assembly of Weapons 418.179
Confidentiality of Certain Encryption Codes and Security Keys for Communications System 418.180
Confidentiality of Certain Information Prepared for United States 418.181
Confidentiality of Certain Information Relating to Critical Infrastructure 418.182
Confidentiality of Certain Information Relating to Security Systems 418.183
Disclosure of Certain Confidential Information 418.184
Firearms 418.185
Mandatory Evacuation 418.186
Disaster and Emergency Education 418.188
Postdisaster Evaluation 418.190
Agriculture Emergency Response Plan 418.191
Medical Special Needs Volunteers 418.192
Communications by Public Service Providers During Disasters and Emergencies 418.0195
Disconnection of State Computer Networks 418.195
Attorney General as Legal Advisor on Issues Related to Declared Disaster 418.251
Definitions 418.252
Medically Fragile Individual Designation 418.253
Emergency Assistance Registry Access 418.254
Required Wellness Check 418.255
Events Requiring Wellness Checks 418.256
Requirements for Wellness Check 418.257
Rules 418.301
Definitions 418.302
Council Established 418.303
Membership 418.304
Officers 418.305
Compensation 418.306
Meetings 418.307
Administrative Support 418.308
General Duties of Council 418.309
Information 418.310
Report 418.0425
State Emergency Management Plan Annex 418.0435
Personal Protective Equipment Contracts 418.0461
Assistance to Civil Air Patrol 418.0501
Reentry Credentialing Pilot Program 418.0541
Catastrophic Debris Management Plan and Training 418.0542
Catastrophic Debris Management Plan and Training 418.0543
Contracting for Debris Removal 418.0544
Disaster Preparation Contracts 418.0545
Disaster Case Management System 418.0546
Emergency Plan for Specialty Care Populations 418.0547
Access to Local Volunteer Networks 418.0548
Communications Immediately Following a Disaster 418.0549
Hardening of Utility Facilities and Critical Infrastructure 418.0551
Permitting Task Force 418.0552
Business Advisory Council 418.0553
Disaster Recovery Task Force 418.0555
Social Media Use During and After Disasters 418.1015
Emergency Management Directors 418.1075
Suspension of Deadlines Imposed by Local Law 418.1085
Limitations on Construction and Related Services 418.1101
Plan for Continuity of Functions 418.1102
Exception to Quorum Requirements 418.1151
Assessment of Ability to Render Assistance 418.1152
Supervision and Control 418.1153
Duration of Aid 418.1181
Reimbursement of Costs: Request by Local Government Entity 418.1861
Disease Prevention Information System 418.1881
Shelter Operations 418.1882
Personnel Surge Capacity Planning
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 418.064’s source at texas​.gov