| Issue Date: | 1997-09-01 |
|---|---|
| Revised Date: |
Legal Cites
- Local Government Code sec. 334.042
Origin:
September 1, 1997 by H.B. 92, 75th Leg., R.S.
Purpose
To hold taxes collected by the Comptroller under an interlocal contract for a local government until they are returned to the local government's venue project fund. Taxes are to be used for sports or community venue projects.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Note
USAS Values
| USAS Title | LOCAL TAX COLL-SPORT/COMM VENUE TRUST FD |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | A |
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities