State of Texas – Fiscal Management

Manual of Accounts

Revenue Object 3342 – Land Lease – Department of Motor Vehicles

 

Legal Citations:
Revenue Type: Cash — Natural Resources
Origin Date: S.B. 1349, 85th Leg., R.S., May 28, 2017.
Issue Date: 2017-06-21
Revised Date:

Description


The department may lease, sell, trade, transfer, or dispose of real property and deposit the proceeds to the Texas Department of Motor Vehicles Fund (0010) for the use by the department.

If requested by the department, the General Land Office shall negotiate and close a sale of real property for the department. 



Due Date


At time of sale.



Notes




USAS Values


Appropriation Year 17
USAS Title LAND LEASE
Receipt Category 08 – Natural Resources
Receipt Type 80 – Land Income
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 04 – LAND INCOME



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