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:

Legal Cites

Origin:

Purpose

Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies

Note

Created in 1992 by TEX. REV. CIV. STAT. ANN. art. 601d to comply with provisions that require authority to pay federal government any excess earnings (generally, portion of investment income attributable to yield on investments that is higher than yield on notes) received from investment of the proceeds and certain monies held in connection with the notes. Rebate fund is for sole benefit of the United States of America and is not subject to claims of any note owner. From time to time Comptroller will transfer to this fund amounts directed by authority to be paid to the federal government pursuant to the Code. Deleted in 1999.

USAS Values

USAS Title TPFA-MASTER LEASE REBATE FUND
Consolidated Fund
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status I