This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Issue Date:
Revised Date: 2020-10-30

Legal Cites

Origin:

Purpose

Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies

Note

Created in May 28, 1997 by H.B. 138, 75th Leg. R.S. by the Texas Constitution art. XVI, § 70(m) to receive investments from governing boards of the permanent school fund, the Teacher Retirement System, the Employees Retirement System and any other pension system at their sole discretion. The fund's investments were directly related to the creation, retention, or expansion of employment opportunity and economic growth in Texas. The fund was held outside the treasury. Expired Sept. 1, 2008.

USAS Values

USAS Title
Consolidated Fund
State Fund Group
USAS Status