| Issue Date: | 2011-06-17 |
|---|---|
| Revised Date: |
Legal Cites
- Education Code sec. 54.808
Origin:
2011 by H.B. 3708, S.B. 1588, 82nd Leg., R.S.
Purpose
A trust fund held with the Comptroller. Funds used only to establish matching accounts, make deposits, purchase tuition units, and award matching grants and scholarships under the program and to pay the costs of program administration and operations.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Retained in the appropriated fund |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure |
Administering Agencies
Note
USAS Values
| USAS Title | TEXAS SAVE AND MATCH TRUST FUND |
|---|---|
| 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