| Issue Date: | |
|---|---|
| Revised Date: | 2018-02-15 |
Legal Citations
- Natural Resources Code sec. 161.281, sec. 161.283, sec. 161.286, sec. 161.288, sec. 162.011
Object Type
Cash — Natural Resources
Origin Date
1949 by the 51st Leg. for land; 1983 by the 68th Leg. for housing
Description
Veteran may select a particular tract of land for which the Veterans' Land Board shall pay no more than $60,000, but may pay more if the veteran pays the portion of the purchase price in excess of the board's agreed amount. Sale price may include expenses/fees provided in §§ 161.069, 161.070, 161.175. Veteran may qualify for a mortgage loan under the Veterans' Housing Assistance Act.
Due Date
As specified in the contract of sale and purchase.
Collecting Agencies
- 305 – General Land Office for the Veterans' Land Board, Agency 328
Deposit Funds
One of the Veterans' Land or Housing Funds
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| 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 |