Issue Date: 2001-08-27
Revised Date: 2014-04-23

Legal Cites


2001 by H.B. 2796 and H.B. 3088, 77th Leg., R.S.


Established outside the treasury as a trust fund with the comptroller and administered by the board, as trustee, to maintain and preserve the Capitol, General Land Office Building, their contents and grounds. Consists of legislative transfers, interest earned and transfers from the Capitol Fund account. Transfers from the Capitol Fund accounts may not include money donated to the board, derived from a security or thing of value donated to the board, or earned as interest or other income on a donation. The transfer must leave sufficient money in the account of the Capitol Fund to accomplish the purposes for which that account was created. Money may be transferred from the Capital Renewal Trust Fund to any account in the Capitol fund to be used for the same purposes as the Capital Renewal Trust Fund. 

Classification Group 13: Local Trust [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated.

Administering Agencies


Transfers to Capitol Trust fund accounts added by S.B. 1338, 82nd Leg., R.S.

Classification changed per Fiscal Management policy on local funds, eff. 9-1-11.

Starting 9-1-11, this fund was classified to receive amounts transferred from outside the state treasury for processing payroll, warrants and other expenses. Any minimal interest earned on these transfers, while processing, were deposited to General Revenue Fund 0001. Interest earned on amounts held outside of the treasury in a separate financial institution remained with those amounts. In fiscal 2014, interest was restored to the fund to reflect its status as a fund held "with" the treasury rather than with a financial institution.

USAS Values

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.