State of Texas – Fiscal Management

Manual of Accounts

PreviousNext

GR Account 5035 – Capital Access

Repealed

This account is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated accounts may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Legal Citations:
Origin Date: 1997 by H.B. 266, 75th Leg., R.S.
Issue Date:
Revised Date: 2023-06-23

Purpose


For the receipt of appropriations, fees, investment earnings, interest, gifts, grants, and any other amounts collected under the subchapter. The capital access program was to assist participating financial institutions in making loans to businesses and nonprofit organizations that faced barriers in accessing capital. 

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

Administering Agencies



Financial Activity


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


Notes


Formerly administered by the Texas Department of Economic Development, Agency 480.

Creation of the account was finally authorized by H.B. 2948, 75th Leg., R.S.

Texas Department of Economic Development repealed and duties transferred to the Economic Development and Tourism office in the Governor's Office. While the account was not abolished, the balance was transferred to GR Account - Economic Development Bank (No. 5106) by S.B. 275, 78th Leg., R.S., effective 2-1-03.

Finally repealed by H.B. 1515, 88th Leg., R.S.



USAS Values


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


Accessibility Policy