Issue Date: | |
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Revised Date: | 2015-06-26 |
Legal Cites
- Education Code sec. 51.002, sec. 66.02
- Texas Constitution art. VII sec. 11a, art. VII sec. 18
Origin:
1925
Purpose
To receive the income from investments of the Permanent University Fund (0045); this money is to be used for permanent improvements, new construction, equipment, repairs, physical plant operation and maintenance, and educational and general activities of the University of Texas.
Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
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Depository Interest | Retained in appropriated fund. |
Disposition of Balance | Accumulative |
Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
Education Code 66.03 repealed by H.B. 3211, 76th Leg., R.S.
USAS Values
USAS Title | AVAILABLE UNIVERSITY FUND |
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Consolidated Fund | |
State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.