This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.
| Issue Date: | 1997-11-29 |
|---|---|
| Revised Date: | 2022-08-09 |
Legal Citations
- Government Code ch. 1232
Origin:
1998
Purpose
To comply with provisions requiring authority to pay over to federal government excess earnings (generally, portion of investment income attributable to a yield on investments higher than yield on bonds received from investment of proceeds of bonds and certain monies held in connection with the bonds). Rebate fund is for the sole benefit of the United States of America and not subject to claim of any bond owner. From time to time, Comptroller will transfer to the fund amounts directed by authority to be paid to federal government.
| Classification | Group 04: Pledged Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Previously administered by the Texas Public Finance Authority.
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
No longer used. Inactivated April 2018.
USAS Values
| USAS Title | TPFA BLDG REV SER97A&B, 99A REBATE |
|---|---|
| Consolidated Fund | |
| State Fund Group | 04 - PLEDGED FUNDS |
| USAS Status | I |