State of Texas – Fiscal Management

Manual of Accounts

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GR Account 5040 – Tobacco Settlement

 

Legal Citations:
Origin Date: January 22, 1998 upon final judgment signed by David Folsom, U.S. District Judge
Issue Date: 1998-02-13
Revised Date:

Purpose


This account is created in General Revenue to receive settlement money resulting from the final judgment in the State of Texas v. The American Tobacco Company, et. al., civil action no. 5:96cv91 issued by the U.S. District Court for the Eastern District of Texas, Texarkana Division.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Distributed to the appropriate agencies and funds as identified in the court ordered settlement.
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




USAS Values


USAS Title GR ACCT-TOBACCO SETTLEMENT
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.


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