Texas Comptroller of Public Accounts
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: 2003 by S.B. 4 and H.B. 3318, 78th Leg., R.S. |
| Issue Date: 2003-07-01 |
| Revised Date: 2019-06-11 |
Account in the General Revenue Fund composed of gifts, grants and legislative appropriations, and other money required to be deposited by law, including bond sale proceeds. Previously contained tuition set asides under § 56.465.
Used to make loans to qualifying students. Beginning fall semester 2015, the board may no longer make grants from the account for the B-on-Time program. The account will was abolished 9/1/2024.
| Classification | Group 01: General State Operating and Disbursing Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
To view this GR account's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
H.B. 700, 84th Leg., R.S. repealed Education Code 56.463 and re-created the account under 56.0092. H.B. 700 abolished the account 9/1/2020.
H.B. 3317 and S.B. 1504, 86th Leg., R.S. extended abolishment date of account from 2020 to 2024.
| USAS Title | GR ACCT - TEXAS B-ON-TIME STUDENT LOAN |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 01 - GENERAL STATE OPERATING & DISBURSING FDS |
| USAS Status | A |