GR Account 5106 – Economic Development Bank

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Legal Citations:

Government Code sec. 489.105

Origin Date: 2003 by S.B. 275 and H.B. 3318, 78th Leg., R.S.

Issue Date: 2003-09-01

Revised Date: 2007-09-01

Purpose

Account in the General Revenue Fund consists of appropriations, earnings from GR Account -- Capital Access (5035), fees under Ch. 481, Subchapter BB, fees under Ch. 489, interest on the account transfers, investment earnings from the Texas Product Development Fund (0589), investment earnings from the Small Business Incubator Fund (0588) and other amounts received by the state under Ch. 489. Used only to carry out the purposes of Ch. 489. This includes grants to TxDOT to implement rural light rail under Ch. 91, Transportation Code (Added by H.B. 2660, 80th Leg., R.S.).

Classification	Group 01: General State Operating and Disbursing Funds [?]
Depository Interest	Deposited to General Revenue Fund 0001.
Disposition of Balance	Accumulative
Appropriation Technique	General Appropriations Act

Administering Agencies

300 – Governor - 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

USAS Values

USAS Title	GR ACCT - ECONOMIC DEV BANK
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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