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.
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Legal Citations
Origin:
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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
Created September 1, 1981 by H.B. 3, 67th Leg., 1st C.S., TEX. REV. CIV. STAT. ANN. art. 179d § 26, to record receipt of local option gross receipts tax on conduct of bingo games for charitable purposes. Amended by H.B. 2771, 73rd Leg., R.S. Sec. 19b of the Bingo Enabling Act directs collection of 5 percent fee on the value of each prize awarded. A portion of the fees is awarded cities and counties that have imposed a gross receipts tax. Legislation transferring bingo from the Alcoholic Beverage Commission to the Lottery amended statute to require the funds be deposited to General Revenue instead of a trust fund. The Commission began allocating to cities and counties from fund 0001 in Fiscal 1995.
USAS Values
| USAS Title | BINGO TAX TRUST ACCOUNT |
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| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | I |