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: | 1997-11-19 |
|---|---|
| Revised Date: | 2022-08-09 |
Legal Cites
- Government Code ch. 1232
Origin:
1998
Purpose
To comply with provisions requiring authority to pay the federal government excess earnings (generally, the portion of investment income attributable to yield on investments higher than yield on bonds received from investment of proceeds and certain money held in connection with bonds). For sole benefit of United States of America, not subject to claim of bond owner. Comptroller will transfer amounts directed by authority to be paid to federal government as needed.
| 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.
Note
No longer used. Inactivated April 2018.
USAS Values
| USAS Title | TPFA BLDG REV/REF SER 1997A REBATE FD |
|---|---|
| Consolidated Fund | |
| State Fund Group | 04 - PLEDGED FUNDS |
| USAS Status | I |