Issue Date: 1985-09-01
Revised Date: 2015-04-02

Legal Cites

Origin:

September 1, 1985 by H.B. 2091, 69th Leg., R.S.

Purpose

Created as a trust fund with the Comptroller for deposit of annual fees of $1 for each licensed unit of capacity or bed space at a facility, or in an amount necessary to maintain a fund balance of $10,00,000 and to provide emergency assistance funds to facilities. Total fees assessed in a year may not exceed $20 for each unit of capacity or bed space. The Department of Aging and Disability Services (DADS) shall disburse money from the fund as ordered by the court.

Facilities receiving emergency assistance funds shall reimburse the department for the amounts received, plus interest accruing from the date on which the funds were disbursed, not later than one year after the date on which the funds were received. Repayments and interest are also deposited to the fund. Annual emergency assistance peers collected pursuant to § 252.095, Health and Safety Code from intermediate care facilities for individuals with an intellectual disability shall be used to make emergency assistance money available for these facilities. Any unencumbered amount in the fund in excess of $10,000,000 at the end of each fiscal year shall be transferred to the credit of GR (0001) and may be appropriated only to DADS.

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 S.B. 190, S.B. 1248, 75th Leg., R.S.; 
Amended by H.B. 2909, 76th Leg., R.S. 
Transferred to Agency 539 on September 1, 2004 by H.B. 2292, 78th Leg., R.S.
Amended by S.B. 219, 84th Leg., R.S.

USAS Values

USAS Title NURSING/CONVALES HOME TRST FD
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