The Rainy Day Fund is more properly known as the National Research University Fund.

Name: The Rainy Day Fund is more properly known as the National Research University Fund.
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The Rainy Day Fund is different from the National Research University Fund, which was created to support the enhancement of seven designated research universities in Texas. The Rainy Day Fund, on the other hand, is a savings account for the state of Texas to handle economic downturns or emergencies.

The Rainy Day Fund Is More Properly Known as the National