State of Texas – Fiscal Management

Manual of Accounts

Fund 0179 – Permanent Fund Supporting Graduate Education

 

Legal Citations:
Origin Date: S.B. 18 and H.B. 6, 84th Leg., R.S.
Issue Date: 2015-07-23
Revised Date: 2015-10-19

Purpose

The fund consists of transferred or appropriated amounts; gifts or grants; and investments returns. Receives assets transferred from the Texas Medical Liability Insurance Underwriting Association (Insurance Code Ch. 2203).

Distributions from the fund are for graduate medical education planning and partnership grants to hospitals, medical schools, and community-based, ambulatory patient care centers. For the development of new graduate medical education programs with first-year residency positions.

The Texas Treasury Safekeeping Trust Company administers and manages the fund's assets and determines the amount available for distribution from the fund. The Higher Education Coordinating board makes grants from the fund.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Financial Activity

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

Notes

USAS Values

USAS Title PERMANENT FUND SUPPORTING GRADUATE EDUCN
Consolidated Fund
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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