Issue Date: | 2005-09-01 |
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Revised Date: |
Legal Cites
- Local Government Code sec. 398.007
Origin:
2005 by S.B. 1253, S.B. 1605, 79th Leg., R.S.
Purpose
If special event plan approved and host community selected as the site of a special event, comptroller shall deposit amount requested in the special event plan from state tax receipts as soon as practicable after the taxes are collected. Trust fund is outside the treasury held in trust by comptroller and may be disbursed without appropriation. Money used only for a public purpose event to pay certain event expenses.
Classification | Group 13: Local Trust [?] |
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Depository Interest | Credited to General Revenue Fund 0001. |
Disposition of Balance | Accumulative |
Appropriation Technique | Not appropriated for state expenditure |
Administering Agencies
Note
USAS Values
USAS Title | SPECIAL EVENTS TRUST FUND |
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Consolidated Fund | |
State Fund Group | 13 - LOCAL TRUST |
USAS Status | I |
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.