| Issue Date: | 2019-09-01 |
|---|---|
| Revised Date: |
Legal Citations
- Occupations Code sec. 2028.103, sec. 2028.105, sec. 2028.154, sec. 2028.202, sec. 2028.301
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
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
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.