Issue Date: | 1986-05-13 |
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Revised Date: |
Legal Cites
- Natural Resources Code sec. 161.171
- Texas Constitution art. III sec. 49-b
Origin:
1986
Purpose
For deposit of receipts from refunding bond sale, expended for bond issue payment, delivery/debt service costs for purchase of land for resale to qualified veterans, land development costs, purchase of United States Government bonds/obligations. Land purchase authority expires 8 years from the sale date of bonds.
Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
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Depository Interest | Retained in appropriated fund. Also, interest from Veterans Land Bond Series 1986 Refunding Reserve (0572). |
Disposition of Balance | Accumulative until debt service requirements are fully reserved. Excess of full reserve may be transferred to other funds under like authority or to the General Revenue Fund (0001). |
Appropriation Technique | General Appropriations Act |
Administering Agencies
- 305 – General Land Office for the Veterans Land Board, Agency 328.
Note
Activities from Appropriated Fund 0565 transferred to this fund.
USAS Values
USAS Title | VET LAND BD 89,90,91,TAX98A&B,99B REFUND |
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Consolidated Fund | |
State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.