Issue Date: 2023-09-01
Revised Date:

Legal Citations

Origin:

S.B. 1333 and H.B. 3461, 88th Leg., R.S.

Purpose

This fund is established with the treasury in the Uniform Statewide Accounting System (USAS) to facilitate processing and reporting of certain expenditure through USAS. Used to distribute amounts from the Texas State Buildings Preservation Endowment Fund held at the Texas Treasury Safekeeping Trust Company (TTSTC) outside of the state treasury.

The TTSTC shall manage and invest the fund and determine amounts available for distribution. The board may request distributions annually from the fund for the purpose of maintaining, preserving, rehabilitating, and restoring buildings and grounds under the board’s jurisdiction.

The Endowment Fund at TTSTC consists of transfers from the former Capital Renewal Trust Fund 0854, Governor's Mansion Renewal Trust Fund 0804, and State Cemetery Preservation Trust Fund 0902 and investment and interest earnings on those amounts. Effective 9/1/24.

Except for money transferred from Funds 0854, 0804, and 0902, one third of the distribution shall be allocated to Bob Bullock Texas State History Museum projects.

The board may not use annual distributions to pay salaries, benefits, administration, operating, or program costs of the board or the buildings and grounds.

Classification Group 10: Local Operating [?]
Depository Interest Retained in fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated

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 TX STATE BLDGS PRESERVATION ENDOWMENT
Consolidated Fund
State Fund Group 10 - LOCAL OPERATING
USAS Status A
Funds held outside the state treasury, used to make general expenditures for the daily operations of state government.