| Issue Date: | |
|---|---|
| Revised Date: | 2020-08-25 |
Legal Cites
- Natural Resources Code sec. 51.342, sec. 51.347
Object Type
Cash — Natural Resources
Origin Date
1907 by the 30th Leg.
Description
To record receipts from the sale of dirt, sand, shell, gravel, caliche and timber that is sold from public land and unsold public school land. Rates set by the School Land Board or Board of Regents.
Timber located on public land shall be sold or leased in full tracts for cash at its market value. The School Land Board may sell the gayule or lechugilla growing or found on the public school land, exclusive of timber.
Due Date
At time of sale.
Collecting Agencies
- 305 – General Land Office for the appropriate agency.
- 720 – University of Texas System
Deposit Funds
Note
Amended by H.B. 2249, 78th Leg., R.S.
USAS Values
| Appropriation Year | 24 |
|---|---|
| USAS Title | SAND,SHELL,GRAVEL,TIMBER SALES |
| Receipt Category | 08 – Natural Resources |
| Receipt Type | 80 – Land Income |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 04 – LAND INCOME |