State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3178 – Lottery Security Proceeds

 

Legal Citations:
Revenue Type: Cash — Business Regulation
Origin Date: November 5, 1991 by H.B. 54, H.J.R. 8, 72nd Leg., 1st C.S.
Issue Date: 1992-01-22
Revised Date: 2025-09-01

Description


A cash bond, surety bond, letter of credit, certificate of deposit or other security approved by the executive director shall be posted by lottery ticket sales agents to protect the state from possible losses resulting from the agent operations. Amount of the security determined by the executive director.



Due Date


At the time application is submitted.



Deposit Funds




Notes


S.B. 3070, 89th Leg., R.S. abolished the Lottery Commission (362) and transferred all programs and duties to the Texas Department of Licensing and Regulation (452) effective 9/1/2025.



USAS Values


Appropriation Year 26
USAS Title LOTTERY SECURITY PROCEEDS
Receipt Category 03 – Business Regulation
Receipt Type 45 – Lottery Proceeds
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 25 – NET LOTTERY PROCEEDS



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