| Issue Date: | 2019-12-03 |
|---|---|
| Revised Date: |
Legal Cites
- Tax Code sec. 151.801
- Government Code sec. 442.073, sec. 442.108
Origin:
January 1, 2020. S.B. 26 and H.B. 3317, 86th Leg., R.S.
Purpose
Account in the General Revenue Fund to receive credits of sporting goods taxes made under § 151.801, Tax Code, transfers to the account, interest earned, fees and other revenue from operation of a historic site (including: concessions, grazing rights, products grown, fines, grants and donations) and revenue from any other source.
| 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
Originally created in 2007 by H.B. 12, 80th Leg., R.S. This account was created by request of the Legislature because it was not exempted in H.B. 3107, 80th Leg., R.S. (funds consolidation bill).
The account closed at agency's request, effective 9-1-09. And sporting goods sales tax revenue appropriated to the Historical Commission was out of General Revenue Fund 0001.
The account was recreated S.B. 26 and H.B. 3317 (funds consolidation bill) 86th Leg., R.S.
H.B. 1422, S.B. 26 and S.J.R. 24, 86th Leg., R.S., changed the allocation percentages of sporting good sales taxes and appropriated all of the sporting goods sales tax revenue to Texas Parks and Wildlife (93%) and Texas Historical Commission (7%).
USAS Values
| USAS Title | GR ACCT - HISTORIC SITE |
|---|---|
| Consolidated Fund | 0001 |
| State Fund Group | 01 - GENERAL STATE OPERATING & DISBURSING FDS |
| USAS Status | A |