Fund 0364 – Permanent Endowment Fund for the Rural Community Health Care Investment Program

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Legal Citations:

Government Code sec. 487.558

Origin Date: 2001 by S.B. 126 and H.B. 3088, 77th Leg., R.S.

Issue Date: 2001-08-27

Revised Date: 2011-09-01

Purpose

A special fund in the Treasury outside of General Revenue composed of money transferred at the direction of the Legislature, gifts, grants, interest earned and amounts recovered under heath professional contracts and amounts recovered under promissory notes from the rural veterinarian loan repayment program. Used only for the rural communities health care investment program to provide stipends, loan reimbursements, the rural veterinarian loan repayment program and to pay expenses of managing the fund. The 77h Legislature appropriated $2.5 million from tobacco settlement proceeds to establish the corpus of the fund.

Classification	Group 04: Pledged Funds [?]
Depository Interest	Retained in appropriated fund.
Disposition of Balance	Accumulative
Appropriation Technique	General Appropriations Act

Administering Agencies

551 – Department of Agriculture (formerly Texas Department of Rural Affairs, Agency 357)

Financial Activity

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

Notes

Legal cite changed from TEX. HEALTH & SAFETY CODE ANN. § 106.308 by H.B. 1877, 78th Leg., R.S.
Name changed by H.B. 1918, 81st Leg., R.S.,
Expanded source and use of funds by H.B. 1684, 81st Leg., R.S.
Agency changed by S.B. 1, 82nd Leg., 1st C.S., eff. 9-28-11.

USAS Values

USAS Title	PERM ENDOW FD RURL COM HEALTH CARE INVST
Consolidated Fund
State Fund Group	04 - PLEDGED FUNDS
USAS Status	A

Created by bond resolution requirements which specify the maintenance of separate funds to account for the bond program.

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