The GLO also manages and contributes to the state's Permanent School Fund.

[3] The agency also manages federal disaster recovery grant funding.

[6] The agency's constitutional purpose was to "superintend, execute, and perform all acts touching or respecting the public lands of Texas.

"[7] Since its establishment the agency has been located in Austin, although a relocation to Houston was briefly attempted during the Texas Archive War.

One former home of the GLO, the Old Land Office Building, is a registered historic place and now serves as the Texas State Capitol Visitor Center.