Issue Date: | 1995-09-01 |
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Revised Date: | 1999-09-01 |
Legal Cites
- Government Code sec. 2305.021
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 [?] |
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Depository Interest | Retained in account |
Disposition of Balance | Accumulative |
Appropriation Technique | General Appropriations Act |
Administering Agencies
- 907 – Comptroller - State Energy Conservation Office (formerly General Services Commission, Agency 303; formerly Governor - Fiscal, Agency 300)
Note
Exempt from loss of dedication (§ 403.094 Government Code) due to federal requirements for separate accounting. Transfer from Governor's Office to GSC by S.B. 1906, 75th Leg., R.S. Program transferred from GSC to Comptroller by H.B. 1, 76th Leg., R.S.
USAS Values
USAS Title | GR ACCT - OIL OVERCHARGE |
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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.