Issue Date: | 1987-09-01 |
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Revised Date: |
Legal Citations
- Insurance Code sec. 1551.402
Origin:
1987 by S.B. 339, 70th Leg., R.S.
Purpose
To receive salary reduction payments for benefits included in a cafeteria plan, other than Employees Uniform Group Insurance Program coverage and appropriations by the state for the administration of the cafeteria plan. This fund is available without fiscal year limitations to pay for all payments for any benefits included in the plan and to pay for all administrative expenses of the cafeteria plan. Fund also receives monthly charges made to participants by means of payroll deduction agreements. The fund may be invested and reinvested and any interest on earnings of and proceeds from the sale of investments become a part of the fund.
Classification | Group 08: Trust Funds [?] |
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Depository Interest | Retained in appropriated fund. |
Disposition of Balance | Accumulative |
Appropriation Technique | Not appropriated for state expenditure. |
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
USAS Values
USAS Title | ST EMP CAFETERIA PLAN TR FD |
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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