| Issue Date: | 2017-09-01 |
|---|---|
| Revised Date: |
Legal Citations
- Natural Resources Code sec. 32.2015
Origin:
Created by H.B. 2521, 84th Leg., R.S. Effective September 1, 2017.
Purpose
Created as a fund outside of the treasury, held in trust by the comptroller. Consists of money received from the leasing of oil and gas under lands owned by the state that were or may be acquired by a county to construct a county road. Money is to be disbursed twice a year to the appropriate county for road maintenance purposes.
| Classification | Group 13: Local Trust [?] |
|---|---|
| Depository Interest | Retained in fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated |
Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
Although passed by the 84th Legislature, the fund was not effective until September 1, 2017 per H.B. 2521, 84th Leg., R.S.
USAS Values
| USAS Title | COUNTY ROAD OIL AND GAS TRUST FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 13 - LOCAL TRUST |
| USAS Status | A |
Funds held outside the state treasury in a trustee capacity for individuals, private organizations or other governmental entities. Includes assets belonging to individuals and other entities held temporarily in a custodial capacity.