Texas Comptroller of Public Accounts
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.
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| Origin Date: 11-6-2007 on voter approval of S.J.R. 64, 80th Leg., R.S. |
| Issue Date: 2010-09-01 |
| Revised Date: 2024-09-23 |
To receive proceeds from the sale of bonds and interest earnings. To pay cost of issuance costs of administering authorized projects, pay all or part of the costs of highway improvement projects and all or part of a payment owed under a credit agreement.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained in appropriated fund |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Companion legislation creating authority in the Transportation Code was not passed in the 80th Leg. H.B. 1, 81st Leg., 1st C.S. created authority in Transportation Code.
TXDOT completed $5 billion constitutional bond issuance. Fund closed October 2024.
| USAS Title | PROP 12 TXDOT GENERAL OBLIGATION BONDS |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | I |