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GR Account 0544 – Lifetime License Endowment

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Legal Citations:

Parks and Wildlife Code sec. 11.044, sec. 11.061, sec. 11.062, sec. 11.063, sec. 11.064, sec. 11.065

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

Issue Date: 1985-09-01

Revised Date: 2017-09-01

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

802 – Parks and Wildlife Department

Financial Activity

To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Notes

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.

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