Issue Date: 2003-09-01
Revised Date: 2023-09-01

Legal Cites

Origin:

2003 by S.B. 275 and H.B. 3318, 78th Leg., R.S.

Purpose

Account in the General Revenue Fund consists of appropriations, fees under Ch. 481, Subchapter BB, fees under Ch. 489, investment earnings from the Texas Product Development Fund (0589), investment earnings from the Small Business Incubator Fund (0588) and other amounts received by the state under Ch. 489. Used only to carry out the purposes of Ch. 489. This includes grants to TxDOT to implement rural light rail under Ch. 91, Transportation Code.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Deposited to General Revenue Fund 0001.
Disposition of Balance Accumulative
Appropriation Technique General Appropriations Act

Administering Agencies

Note

Light rail grants to TxDOT added by H.B. 2660, 80th Leg., R.S.

H.B. 7, 83rd Leg., R.S. requires interest be deposited to General Revenue (0001).

H.B. 2667, 84th Leg., R.S. transfers amounts from the Texas Small Business Industrial Development Corporation (outside the treasury) to the bank.

Amended by H.B. 1515, 88th Leg., R.S.

USAS Values

USAS Title GR ACCT - ECONOMIC DEV BANK
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.