Fund 0482 – Storage Acquisition Fund

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Legal Citations:

Texas Constitution art. III sec. 49-d-3
Water Code sec. 15.301

Origin Date: 1981 by H.B. 8, 67th Leg., 1st C.S.

Issue Date:

Revised Date:

Purpose

To be funded by direct Legislature appropriation and by transfers by the board from the Water Assistance Fund (0480). The board may use the fund for projects including the design, acquisition, lease, construction, reconstruction, development, or enlargement in whole or part of any existing or proposed water storage project. In addition, the board may, at its discretion contract with a political subdivision to pay the principal of or interest on or both on bonds or other obligations issued by a political subdivision. (Amended by H.B. 2, 69th Leg., R.S.)

Classification	Group 02: Constitutional Funds Expendable for a Specific Purpose [?]
Depository Interest	Credited to General Revenue Fund (0001).
Disposition of Balance	Returned to Water Assistance Fund (0480).
Appropriation Technique	General Appropriations Act

Administering Agencies

580 – Texas Water Development Board (formerly Texas Water Commission, Agency 582)

Financial Activity

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

Notes

Amended by S.B. 249, 69th Leg., R.S.

USAS Values

USAS Title	STORAGE ACQUISITION FUND
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.

Accessibility Policy