| Issue Date: | 2015-12-03 |
|---|---|
| Revised Date: |
Legal Cites
- Transportation Code sec. 502.413
Origin:
January 1, 2016
Purpose
Created outside of the state treasury, held by the comptroller and administered by the Department of Aging and Disability Services on behalf of Special Olympics Texas. Consists of donations made by people on registration of a motor vehicle. Money in the fund shall be disbursed at least monthly, without appropriation, to Special Olympics Texas to provide training and athletic competitions for persons with mental illness and intellectual disabilities.
| Classification | Group 13: Local Trust [?] |
|---|---|
| Depository Interest | Retained in fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Note
Added by S.B. 272, 84th Leg., R.S.
USAS Values
| USAS Title | SPECIAL OLYMPICS TEXAS 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.