Texas Comptroller of Public Accounts
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.
| Legal Citations: |
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| Origin Date: 1991 by S.B. 75, 72nd Leg., R.S. |
| Issue Date: |
| Revised Date: 2023-07-21 |
To provide scholarships to accounting students in a program that would qualify recipient to apply for a certified public accountant. An additional $10 fee on each license fee collected.
| Classification | Group 13: Local Trust [?] |
|---|---|
| Depository Interest | Retained in fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated. |
To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Previously administered by the Texas Higher Education Coordinating Board, Agency 781.
Exempt from loss of dedication (§ 403.094, Government Code) by H.B. 3050, 74th Leg., R.S.
H.B. 2440, 81st Leg., R.S., attempted to create the account as a trust fund outside the Treasury. H.B. 4583 (funds consolidation bill) recreated as an account in the General Revenue Fund. Appropriation authority and program transferred to Texas State Board of Public Accountancy, Agency 457, effective 9-1-09.
Recreated as a trust fund outside the treasury with Texas Treasury Safekeeping Trust Company by S.B. 777 and S.B. 1588, 82nd Leg., R.S.
H.B. 2217, 88th Leg., R.S. changed name from Scholarship Fund for Fifth-Year Accounting Students.
| USAS Title | GR ACCT-SCHOLARSHIP 5TH YR ACCT |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 01 - GENERAL STATE OPERATING & DISBURSING FDS |
| USAS Status | I |