Issue Date: 2021-09-01
Revised Date:

Legal Cites

Origin:

S.B. 609 and H.B. 2896, 87th Leg., R.S.

Purpose

An account in general revenue to receive $10 million from mixed beverage taxes (revenue object 3250) and $100,000 from sales taxes (revenue object 3102) each fiscal year. Used by the Governor’s Music, Film, TV and Multimedia Office to administer the music incubator rebate program and promote music venues and festivals.

Classification Group 01: General State Operating and Disbursing Funds [?]
Depository Interest Credited to General Revenue Fund (0001)
Disposition of Balance Accumulative. At the end of each biennium, any unexpended balance in the fund is transferred to General Revenue.
Appropriation Technique General Appropriations Act

Administering Agencies

Note

USAS Values

USAS Title GR ACCT-TEXAS MUSIC INCUBATOR
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.