Issue Date:
Revised Date: 1999-09-01

Legal Cites

Origin:

1977

Purpose

To be administered by the Commissioner of Agriculture without appropriation for the payment of claims against a license holder and for administration of the claims process under both this Act and ch. 236, Acts of the 45th Leg., R.S., 1937, as amended. Late renewal fees assessed in § 101.008, and fees assessed in §§ 103.011, 101.020 or 103.013 are deposited to this fund (H.B. 1803, 69th Leg., R.S.) plus interest and other income from investments are deposited to the fund (H.B. 1453, 67th Leg., R.S.).  No more than ten percent (10 percent) of the fund may be expended during any one year for administration of the claims process.
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

Amended by H.B. 2407, 76th Leg., R.S.

USAS Values

USAS Title PRODUCE RECOVERY 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