| Issue Date: | 1985-09-01 |
|---|---|
| Revised Date: | 1993-09-01 |
Legal Citations
- Government Code sec. 609.502
Origin:
1985 by H.B. 1226, 69th Leg.
Purpose
To provide a temporary depository for funds pending transmittal, by electronic means, to the administrator of the state deferred compensation 401k program. Interest earned between payday and the warrant paid date is transmitted with the deferred payments, interest earnings before payday are transmitted to the General Revenue Fund (0001).
| Classification | Group 09: Suspense Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. A portion is transferred to the General Revenue Fund (0001). |
| Disposition of Balance | Transferred or returned to source fund. |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
USAS Values
| USAS Title | TEXASAVER HOLD-TRANSMIT 401K |
|---|---|
| Consolidated Fund | |
| State Fund Group | 09 - SUSPENSE FUNDS |
| USAS Status | I |
Those funds created to receive deposits that cannot be readily identified as belonging to a specific fund.