| Issue Date: | 1986-05-13 |
|---|---|
| Revised Date: |
Legal Citations
- Texas Constitution art. III sec. 49-b
- Natural Resources Code sec. 161.171
Origin:
1986
Purpose
For deposit of receipts from refunding bond sale, expended for bond issue payment, delivery/debt service costs for purchase of land for resale to qualified veterans, land development costs, purchase of United States Government bonds/obligations. Land purchase authority expires 8 years from the sale date of bonds.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. Also, interest from Veterans Land Bond Series 1986 Refunding Reserve (0572). |
| Disposition of Balance | Accumulative until debt service requirements are fully reserved. Excess of full reserve may be transferred to other funds under like authority or to the General Revenue Fund (0001). |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
- 305 – General Land Office for the Veterans Land Board, Agency 328.
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
Activities from Appropriated Fund 0565 transferred to this fund.
USAS Values
| USAS Title | VET LAND BD 89,90,91,TAX98A&B,99B REFUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.