State of Texas – Fiscal Management

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Revenue Object 3785 – Interest on Oil Overcharge Loans

 

Legal Citations:
Revenue Type: Cash — Other Revenue
Origin Date: 1989 by S.B. 33, 70th Leg., 2nd C.S.
Issue Date: 1989-11-08
Revised Date: 2017-12-05

Description


Interest charged agencies for loans received from Governor's Office oil overcharge money.



Due Date


Determined by the Comptroller's Office.



Deposit Funds




Notes


Rate of interest determined sufficient to recover costs of administering the loan program.

Legal cite amended by S.B. 248, 73rd Leg., R.S.

S.B. 1906, 75th Leg., R.S. moved the program from the Governor's Office (301) to the State Energy Conservation Office within the General Services Commission (303). 

Funds appropriated to the State Energy Conservation Office under the Comptroller's Office in H.B. 1, 76th Leg., R.S. (General Appropriations Act) effective September 1, 1999.



USAS Values


Appropriation Year 26
USAS Title INTEREST ON OIL OVERCHARGE LOANS
Receipt Category 14 – Other
Receipt Type 90 – Other Receipts
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 02 – INTEREST AND INVESTMENT INCOME



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