Texas Comptroller of Public Accounts
| Legal Citations: |
|
| Origin Date: 1991 by H.B. 270, 72nd Leg., R.S. |
| Issue Date: |
| Revised Date: 2017-09-01 |
Originally created under Occupations code 1103.156 to receive all registry fees collected by the Texas Appraiser Licensing and Certification Board. Registry fees are to be established by the board and collected annually from each licensed or certified appraiser and appraisal management company.
The Texas Real Estate Commission became a self-directed, semi-independent agency, and all funds were required to be held with Texas Treasury Safekeeping Trust Company per S.B. 1000, 82nd Leg., R.S. effective 9-1-11.
However, S.B. 1516 and H.B. 3849, 85th Leg., R.S. reactivated this account and requires the deposit of the national registry fees, paid by appraisal management companies, to be deposited to this account.
| Classification | Group 01: General State Operating and Disbursing Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue 0001. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Exempt from loss of dedication (§ 403.094, Government Code) due to federal requirements for separate accounting.
Expanded to include appraisal management companies by H.B. 1146, 82nd Leg., R.S.
S.B. 1000, 82nd Leg., R.S. created the Real Estate Commission as a self-directed, semi-independent agency and redirected funds to the Texas Treasury Safekeeping Trust Company effective 9-1-11.
S.B. 1516 and H.B. 3849, 85th Leg., R.S. reactivated this account and requires the deposit of the national registry fees, paid by appraisal management companies, to be deposited to this account.
| USAS Title | GR ACCT-APPRAISER REGISTRY |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 01 - GENERAL STATE OPERATING & DISBURSING FDS |
| USAS Status | A |