Issue Date: 1991-04-10
Revised Date: 2005-09-01

Legal Citations

Origin:

1991 by S.B. 14, 72nd Leg., R.S.

Purpose

The account is established to provide immediately available monies for response to all unauthorized discharges, for cleanup of pollution from unauthorized discharges of oil, and for payment of damages from unauthorized discharges of oil. The account shall receive all fees, penalties, judgments, reimbursements, proceeds from sale of vessel or structure removed under § 40.108, money forfeited under § 77.119(e), Parks and Wildlife Code and charges provided for in Chapter 40 and interest and income on the fund. Commissioner may accept gifts, grants and donations on behalf of the fund. Monies not currently needed to meet the commissioner's responsibilities may be invested as provided by Sec. 161.173 of the TEX. NAT. RES. CODE for investment of the veterans land fund. Investment income shall be credited to the account.

Commissioner to certify to comptroller when unencumbered balance reaches $20 million. Fees suspended until the unencumbered balance falls below $10 million.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Deposited to General Revenue Fund 0001.
Disposition of Balance Accumulative, however, the account balance may not exceed $50 million.
Appropriation Technique General Appropriations Act

Financial Activity

To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Note

Exempt from loss of dedication (§ 403.094 Government Code) by H.B. 3050, 74th Leg., R.S.

Amended by S.B. 619, 78th Leg., R.S.

Amended by H.B. 2096, and S.B. 1893, 79th Leg., R.S.

USAS Values

USAS Title GR ACCT-COASTAL PROTECTION
Consolidated Fund 0001
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.