GR Account 0543 – Texas Capital Trust

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Legal Citations:

Government Code sec. 2201.001
Health and Safety Code sec. 533.084
Natural Resources Code sec. 31.158

Origin Date: 1985 by S.B. 43, 69th Leg., R.S.

Issue Date: 1985-09-01

Revised Date: 2007-09-01

Purpose

To finance acquisition, construction, repair, improvement or equipping of a building by a state agency. To finance acquisition of real or personal property or administration of General Land Office asset management division. Income deposited to General Revenue (0001). If Legislature authorizes a real estate transaction involving real property owned by the state, proceeds are deposited in this account unless legislation provides otherwise.

Classification	Group 01: General State Operating and Disbursing Funds [?]
Depository Interest	Deposited to General Revenue Fund 0001.
Disposition of Balance	Unencumbered balance transferred to General Revenue (0001) at end of each biennium. (Formerly the unencumbered balance over $500 million transferred to GR.) Amended by H.B. 2425, 78th Leg., R.S., SEC. 60.
Appropriation Technique	General Appropriations Act

Administering Agencies

305 – General Land Office
303 – Texas Facilities Commission (formerly Texas Building and Procurement Commission, Agency 303)
311 – Comptroller - Treasury Fiscal

Financial Activity

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

Notes

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

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

Restrictions that the account not be used to pay for activities by the Texas Department of Transportation, higher education institutions, Texas State Technical College System, SW Collegiate Institute for the Deaf, ERS, TRS or to pay salaries were eliminated by H.B. 2425, 78th Leg., R.S., § 59.

TBPC name changed by H.B. 3560, 80th Leg., R.S.

USAS Values

USAS Title	GR ACCT-TX CAPITAL TRUST
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.

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