Issue Date: 2017-06-21
Revised Date:

Legal Citations

Object Type

Cash — Natural Resources

Origin Date

S.B. 1349, 85th Leg., R.S., May 28, 2017.

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.

Note

USAS Values

Appropriation Year 24
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