| Issue Date: | 1987-12-03 |
|---|---|
| Revised Date: | 2003-09-01 |
Legal Cites
- Government Code sec. 404.094
Origin:
1987 by H.B. 4, 70th Leg., R.S.
Purpose
To receive federal funds and earned federal funds used in connection with the various programs funded wholly or partially with federal receipts.
| Classification | Group 03: Federal Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
- 300 – Governor - Fiscal (formerly the Texas Department of Economic Development, Agency 480; formerly the Texas Department of Commerce, Agency 465)
Note
Exempt from loss of dedication (§ 403.094, Government Code) as a federal account.
S.B. 932, 75th Leg., R.S. abolished the Department of Commerce and created the Department of Economic Development.
Texas Department of Economic Development Repealed and duties transferred to the Economic Development and Tourism Office in the Governor's Office by S.B. 275, 78th Leg., R.S., effective 9-1-03.
USAS Values
| USAS Title | GR ACCT-ECONOMIC DEV-FEDERAL |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 03 - FEDERAL FUNDS |
| USAS Status | I |
Funds for which a separate accounting is required by federal law.