Purpose
The department may enter into an agreement with another jurisdiction, including another state, foreign country, territory, etc. for:
- Registration of vehicles by residents and nonresidents on an allocation or mileage apportionment plan (as the International Registration Plan, IRP).
- 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. |
Administering Agencies
Note
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