| Issue Date: | 1986-11-01 |
|---|---|
| Revised Date: | 2023-08-25 |
Legal Cites
- Agriculture Code sec. 59.021
- Texas Constitution art. III sec. 49-f
Origin:
1986 by H.B. 196, H.J.R. 19, 69th Leg., R.S.
Purpose
To receive proceeds from sale of Veterans Farm and Ranch Finance Program Bonds and money received from state/federal government or other person. The authority may establish program accounts, interest and sinking accounts and others in the fund as provided. Authority may use fund to pay administration costs.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative until debt service requirements are fully reserved. Excess is transferred to General Revenue Fund (0001). |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
- 551 – Department of Agriculture
- 305 – General Land Office for the Veterans Land Board, Agency 328.
Note
Amended by H.B.1684, 73rd Leg., R.S.
Amended by S.B. 699, 74th Leg., R.S.
USAS Values
| USAS Title | FARM & RANCH FINANCE PROG FD |
|---|---|
| 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.