This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Issue Date: 2015-07-29
Revised Date: 2023-10-11

Legal Cites

Origin:

General Appropriations Act, 84th Leg., 2016-17.

Purpose

To receive federal money related to the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies (RESTORE) of the Gulf Coast States Act. For cleanup associated with the April 20, 2010, explosion and spill of the Deepwater Horizon oil rig in the Gulf of Mexico. Amounts are receipts from the Gulf Coast Restoration Trust Fund in the U.S. Treasury.

Classification Group 03: Federal Funds [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Note

Added by H.B. 1, 84th Leg., R.S., (General Appropriations Act), Article IX, Sec. 6.24.

Money moved outside the Treasury per Op. Tex. Atty Gen. No. KP-0078, May 2, 2016. Transactions are through Fund 0930 – RESTORE Act Trust.

USAS Values

USAS Title RESTORE ACT FEDERAL FUND
Consolidated Fund
State Fund Group 03 - FEDERAL FUNDS
USAS Status I
Funds for which a separate accounting is required by federal law.