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: |
|
Legal Cites
Origin:
Classification |
|
Depository Interest |
|
Disposition of Balance |
|
Appropriation Technique |
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Administering Agencies
Note
Created 1949 under Government Code 608.007 to accumulate money withheld from the salaries of state officers and employees for the purpose of purchasing United States Savings Bonds under the payroll savings plan. Bonds are purchased for the authorizing officer or employee when such individual's account has accumulated a sufficient amount. As of January 1, 2011, agencies are no longer able to offer payroll deduction for savings bonds through Treasury Direct (US Treasury and Bureau of the Fiscal Service). Inactivated fiscal 2014.
USAS Values
USAS Title |
US SAVINGS BOND ACCOUNT |
Consolidated Fund |
|
State Fund Group |
08 - TRUST FUNDS
|
USAS Status |
I |