Issue Date:
Revised Date: 2007-09-01

Legal Cites

Object Type

Cash — Natural Resources

Origin Date

1955 by the 54th Leg. for land; 1983 by the 68th Leg. for housing

Description

Proceeds from resale of forfeited veterans land/housing deed loans. Highest bid offered by a qualified purchaser is taken and financed by a mortgage loan.

Due Date

Determined by Veterans Land Board.

Collecting Agencies

Deposit Funds

Note

USAS Values

Appropriation Year 24
USAS Title REPAY PRINCIPAL ON VET LAND/HOUSING CONT
Receipt Category 08 – Natural Resources
Receipt Type 90 – Other Receipts
Object Group 06 – Investment Sales and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 05 – OTHER REVENUE