Texas Comptroller of Public Accounts
| Legal Citations: |
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| Origin Date: 1987 by the 69th Leg., 2nd C.S. |
| Issue Date: 1987-09-01 |
| Revised Date: 2019-09-01 |
For administration and enforcement of law governing horse and greyhound racing. Any amount of General Revenue appropriated for administration and enforcement in excess of the cumulative amount deposited in this account shall be reimbursed from this account not later than one year after the date on which the funds were appropriated, with 6.75% interest per year.
| Classification | Group 01: General State Operating and Disbursing Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Unappropriated balance over $750,000 is transferred to General Revenue Fund (0001) at the close of each fiscal biennium. |
| Appropriation Technique | General Appropriations Act |
To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Exempt from loss of dedication and created as a general revenue account (§ 403.094, Government Code) by H.B. 3050, 74th Leg., R.S.
12% interest reduced to 6.75% and remaining balance transfer amended by H.B. 2271, 82nd Leg., R.S.
Codified by S.B. 1969, 85th Leg., R.S. effective April 1, 2019. Previously under Texas Revised Civil Statutes, Art. 179e sec. 3.09 and 6.08.
Amended by H.B. 1995 and H.B. 3366, 86th Leg., R.S.
| USAS Title | GR ACCT-TX RACING COMMISSION |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 01 - GENERAL STATE OPERATING & DISBURSING FDS |
| USAS Status | A |