This account is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated accounts may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.
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| Revised Date: | 2007-09-01 |
Legal Citations
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Administering Agencies
Financial Activity
To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
Created in 1937 and amended 1957 in Education Code § 85.70(b) to receive income from GR Account A&M University Mineral Investment (0095). Revenue is for exclusive use of Texas A&M University System for operating expenses. Exempt from loss of dedication (§ 403.094, Government Code) in 1993 by S.B. 671, 73rd Leg., R.S. Originally authorized the fund to be used for construction purposes. After being consolidated as a GR account, construction may no longer be paid (See Op. Tex. Atty. Gen. No. JC-170). Made a local fund by S.B. 1, 82nd Leg., 1st C.S., effective 9-28-11.
USAS Values
| USAS Title | GR-ACCT-A&M UNIV MINERAL INCOME |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 10 - LOCAL OPERATING |
| USAS Status | I |