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. |
Administering Agencies
- 608 – Texas Department of Motor Vehicles (formerly Texas Department of Transportation, Agency 601)
Note
This fund number was previously assigned to "Trust Account -- Federal Aid -- Highway Act Fund."
Agency changed 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