This expenditure object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Issue Date: 2009-09-23
Revised Date: 2011-04-25

Object Type

Cash — Intergovernmental Payments

Reference

Description

To record allocation of that part of the franchise tax collected from banking corporations to the taxing units for lost ad valorem taxes.

Expenditure code 7685 includes, but is NOT limited to:

  • Allocation (bank franchise tax)

Note

Restricted: This code may be used only by the Comptroller -- State Fiscal, Agency 902.

USAS Values

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