Sec. 102.257.  MULTIYEAR PROJECTS.  The oversight committee may grant funds for a multiyear project.  The oversight committee must specify the total amount of money approved to fund the multiyear project.  The total amount specified is considered for purposes of this subchapter to have been awarded in the state fiscal year that the project is approved by the research and prevention programs committee.  The institute shall distribute only the money that will be expended during that fiscal year.  The remaining money shall be distributed by the institute as the money is needed in each subsequent fiscal year.
Amended by: 
Acts 2007, 80th Leg., R.S., Ch. 266 (H.B. 14), Sec. 4., eff. November 6, 2007.
Acts 2011, 82nd Leg., R.S., Ch. 521 (H.B. 2251), Sec. 6, eff. June 17, 2011.