Texas Comptroller of Public Accounts
| Legal Citations: |
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| Origin Date: 1936 |
| Issue Date: |
| Revised Date: 2003-09-01 |
To hold in trust all amounts related to the protection of career school or college tuition. Commission may collect an annual fee from each career school or college. Total set by commission in amount estimated to pay liabilities during a year, up to 0.2% of gross tuition excluding refunds. Balance may not exceed $1 million.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Name changed from Texas Workforce Commission Depository Bonds Guaranty Trust Account and amended by S.B. 1343 78th Leg., R.S.
Amounts in GR Account -- Tuition Protection (No. 5019), to be transferred to this account on 9-1-03 and account 5019 is repealed.
| USAS Title | CAREER SCHOOL/COLLEGE TUITION TRUST ACCT |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | A |