Texas Comptroller of Public Accounts
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.
| Legal Citations: |
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| Origin Date: 2001 |
| Issue Date: 2001-11-01 |
| Revised Date: 2022-08-09 |
To comply with provisions of the code requiring the authority to pay over to the federal government any excess earnings (generally, the portion of investment income attributable to a yield on investments that is higher than the yield on the bonds received from investment of the proceeds of the bonds and certain monies held in connection with the bonds). The rebate fund is for the sole benefit of the United States of America and will not be subject to the claim of any bond owner. From time to time the Comptroller will transfer to this fund amounts directed by the authority to be paid to the federal government pursuant to the code.
| Classification | Group 04: Pledged Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Previously administered by the Texas Public Finance Authority.
To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
TBPC name changed by H.B. 3560, 80th Leg., R.S.
No longer used. Inactivated April 2018.
| USAS Title | TPFA BLDG REV SER 2000A TB&PC REBATE FD |
|---|---|
| Consolidated Fund | |
| State Fund Group | 04 - PLEDGED FUNDS |
| USAS Status | I |