Texas Comptroller of Public Accounts
| Legal Citations: |
|
| Origin Date: 1986 by S.B. 5, 69th Leg., 3rd C.S. |
| Issue Date: 1986-11-01 |
| Revised Date: 2020-06-11 |
To receive proceeds from sale of tax and revenue anticipation notes. Fund may pay costs of issuance of the notes. Funds transferred to General Revenue (0001) as needed to cover authorized expenditures from that fund. This fund may be invested in authorized investments under 404.024. Balance of fund is restored from collections in General Revenue (0001) as needed to ensure timely payment of the notes up to the amount transferred to General Revenue.
| Classification | Group 04: Pledged Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Transferred to General Revenue Fund (0001) when all notes are paid. |
| Appropriation Technique | S.B. 5 until 8-31-87 then General Appropriations Act. |
To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Amended by Acts 1987, 70th Leg., 2nd C.S., ch. 53, effective 9-1-87
Codified from V.A.C.S. 4393-1 to Gov. Code Ch. 404 by S.B. 894, 70th Leg., R.S.
| USAS Title | TAX & REV ANTICIPATION NOTE FD |
|---|---|
| Consolidated Fund | |
| State Fund Group | 04 - PLEDGED FUNDS |
| USAS Status | A |