This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Issue Date:
Revised Date: 2020-10-28

Legal Cites

  • Finance Code sec. 394.204

Object Type

Cash — Business Regulation

Origin Date

2005 by S.B. 1112, 79th Leg., R.S.

Description

A person, regardless of whether located in this state, may not provide a debt management service to a consumer in this state unless the person is registered with the commissioner and pays the appropriate fees necessary to recover administrative costs. 

Due Date

Deposit Funds

  • An account with the Texas Safekeeping Trust Company.

Note

Effective 9-1-09, H.B. 2774 made the Office of Consumer Credit Commissioner, Agency 466, a semi-independent agency with funds in the Texas Safekeeping Trust Company.

USAS Values

Appropriation Year 24
USAS Title GENERAL BUSINESS FILING FEES
Receipt Category 03 – Business Regulation
Receipt Type 30 – State Service Fees
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 01 – LICENSES, FEES, FINES, AND PENALTIES