Issue Date: 1995-09-01
Revised Date: 2017-09-14

Legal Citations

Origin:

September 1, 1993

Purpose

Created in General Revenue to receive amounts resulting from petroleum overcharge litigation related to the overpricing of crude oil or refined petroleum products during the 1973-1981 period of mandatory federal price controls.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Retained in account
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Financial Activity

To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Note

Exempt from loss of dedication (§ 403.094 Government Code) due to federal requirements for separate accounting.

Transferred from the Governor's Office to the General Services Commission by S.B. 1906, 75th Leg., R.S. 

Program transferred from General Services Commission to the Comptroller by H.B. 1, 76th Leg., R.S.

USAS Values

USAS Title GR ACCT - OIL OVERCHARGE
Consolidated Fund 0001
State Fund Group 01 - GENERAL STATE OPERATING & DISBURSING FDS
USAS Status A
Used to make general expenditures for the daily operations of state government.