Issue Date: 2019-09-01
Revised Date:

Legal Cites

Origin:

S.B. 6 and H.B. 3317, 86th Leg., R.S.

Purpose

An account in the general revenue fund to be used only to provide short-term loans to eligible political subdivisions for disaster recovery projects. The loan must for a term 10 years or less and be made at or below market interest rates.

The account consists of money appropriated, credited, or transferred by the legislature, gifts, grants and loan repayments.

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

Note

H.B. 2794 and S.B. 799, 86th Leg., R.S. moved the Texas Division of Emergency Management from the Department of Public Safety and created it as a service agency of the Texas A&M University System.

USAS Values

USAS Title GR ACCT - DISASTER RECOVERY LOAN
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.