Issue Date: 1985-09-01
Revised Date: 2017-09-01

Legal Cites

Origin:

September 1, 1986 by S.B. 464, 69th Leg, R.S.

Purpose

To receive money from lifetime hunting, fishing, combination licenses, private contributions, grants/donations and interest income. Money and interest may be used only to acquire, develop, manage and repair public hunting/fishing areas and to make capital purchases related to fisheries and wildlife resources. Account must retain a $20 million balance. Invested based on commission rule.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Retained in account
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies

Note

Exempt from loss of dedication (§ 403.094, Government Code) by H.B. 706, 73rd Leg., R.S. and by H.B. 3050, 74th Leg., R.S.

H.B. 3781, 85th Leg., R.S. expanded use, permitted expenditure from the principal, and added $20 million balance requirement.

USAS Values

USAS Title GR ACCT-LIFETIME LIC ENDOWMT
Consolidated Fund 0001
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.