Issue Date: 2019-09-01
Revised Date:

Legal Cites

Origin:

H.B. 3366 and H.B. 3317, 86th Leg., R.S.

Purpose

An escrow fund in the treasury for distribution to breed registries (horse and greyhound) for the Texas-bred program.

A portion of breakage from horse and greyhound racing is deposited to the fund along with 1% of certain horse and greyhound multiple wagering pools from live races and 1% from simulcast races.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Credited to General Revenue Fund 0001.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies

Note

USAS Values

USAS Title TEXAS-BRED INCENTIVE FUND
Consolidated Fund
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.