This account is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated accounts may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.
| Issue Date: | 1991-09-01 |
|---|---|
| Revised Date: | 2021-09-01 |
Legal Citations
- Occupations Code sec. 1602.464
Origin:
1991 by S.B. 378, 72 Leg., R.S.
Purpose
At the time a private beauty school pays its annual renewal fee, the department shall collect additional annual fee, not-to-exceed $200, for deposit into this account. The department shall determine the amount of the fee by applying a percentage to each school's annual renewal fee at a rate that will bring the balance to $200,000.
Expenses incurred to train a student who was enrolled in a closed school and placed in a school under this section shall be paid from the account. If the student cannot be placed, tuition and fees shall be refunded, up to $35,000.
| Classification | Group 01: General State Operating and Disbursing Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Previously administerd by the Texas Department of Licensing and Regulation.
Financial Activity
To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
When created by S.B. 378 the rate of the fee was set to collect $200,000 in the first 3 years beginning January 1, 1992. Beginning in 1995, on January 1 of each year if the amount in the account is less than $200,000, the rate is adjusted to bring the balance to $200,000.
Exempt from loss of dedication (§ 403.094, Government Code) by H.B. 3050, 74th Leg., R.S.
Duties transferred from the Cosmetology Commission (Agency 505) by S.B. 411, 79th Leg., R.S.
Occupations Code Ch. 1601 and 1602 repealed and GR Accounts 0108 - Private Beauty Culture School Tuition Protection and 5081 - Barber School Tuition Protection combined into new GR Account 5192 - Barbering and Cosmetology School Tuition Protection by H.B. 1560, 87th Leg., R.S.
USAS Values
| USAS Title | GR ACCT-PRIV BEAUTY SCH TUIT PROT |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 01 - GENERAL STATE OPERATING & DISBURSING FDS |
| USAS Status | I |