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: | 2014-03-13 |
Legal Citations
Origin:
Purpose
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| Depository Interest | |
| Disposition of Balance | |
| Appropriation Technique |
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
Created 2001 by S.B. 1839, 77th Leg., R.S. Insurance Code sec. 2203.351 Deposit insurance surcharges assessed against insurance companies and the joint underwriters association. Amounts deposited in trust and cleared to interest and sinking account as provided in the bond resolution. Surcharges will be used to pay all debt service on revenue bonds issued pursuant to this article to provide professional liability insurance through the association for nursing homes in this state. Recodified by H.B. 2017, 79th Leg., R.S. Bonds were never issued. Fund no longer needed. Inactivated fiscal 2014.
USAS Values
| USAS Title | INS SURCHARG NURSE HOME LIAB INS BOND TR |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | I |