State of Texas – Fiscal Management

Manual of Accounts

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Fund 0021 – Proportional Registration Distributive Trust Fund
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Legal Citations:
Origin Date: 1980
Issue Date:
Revised Date: 2018-01-18

Purpose


The department may enter into an agreement with another jurisdiction, including another state, foreign country, territory, etc. for:

  1. Registration of vehicles by residents and nonresidents on an allocation or mileage apportionment plan (as the International Registration Plan, IRP).
  2. Exemption from payment of registration fees by nonresidents if residents of this state are granted reciprocal exemptions.

To carry out the IRP or other agreement, the department shall direct fees collected for other jurisdictions to this fund for distribution to the appropriate fund.

Classification Group 08: Trust Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative
Appropriation Technique Not available for appropriation.

Financial Activity


To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:


Notes


This fund number was previously assigned to "Trust Account -- Federal Aid -- Highway Act Fund."

Administration changed from the Texas Department of Transportation (601) to the Department of Motor Vehicles (608) by H.B. 3097, 81st Leg., R.S.



USAS Values


USAS Title PROPORTIONAL REG DIST TRUST FD
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


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