Issue Date:
Revised Date: 2015-10-19

Legal Citations

Origin:

1977

Purpose

To be administered by the Commissioner of Agriculture without appropriation for the payment of claims against a perishable commodities handler license holders. Funds consists of late renewal fees assessed under §101.008 and fees assessed under §103.011. Also, 50% of the penalty fees under §§101.020 and 103.013 are deposited to this fund.

No more than 10% of the fund may be expended during any one year for administration of the claims process.

Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
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

Interest deposited to fund per H.B. 1453, 67th Leg., R.S.

Fee deposit added by H.B. 1803, 69th Leg., R.S.

Amended by H.B. 2407, 76th Leg., R.S.

USAS Values

USAS Title PRODUCE RECOVERY TRUST FUND
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status A
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities