State of Texas – Fiscal Management

Manual of Accounts

Revenue Object 3341 – Grazing Lease Rental – Unsold Public School Lands

 

Legal Citations:
Revenue Type: Cash — Natural Resources
Origin Date: 1919 by the 36th Leg.
Issue Date:
Revised Date: 2023-12-29

Description


Unsold public school land may be leased for agricultural grazing or commercial purposes under terms and conditions set by the Commissioner. Commercial improvements on such lands shall not become property of the state unless they are not removed prior to expiration of the lease and no renewal or extension of the lease has been made. Additional revenue from commercial leases will be deposited with this revenue code.



Due Date


At time of lease; annually on or before anniversary date.



Collecting Agencies




Notes


Amended by S.B. 493, 69th Leg., R.S.

Also deposited to the available Deaf and Dumb Institute Fund (0016) by State Treasurer (Agency 311). Fund repealed effective 11-6-02 upon passage of H.J.R. 75, 77th Leg., R. S. Agency 311 abolished per S.B. 20, S.J.R. 1, 74th Leg., R.S.

Reference to asylum lands deleted in H.B. 2249, 78th Leg., R.S.

S.B. 206, 78th Leg., R.S. changed deposit from Available School Fund (0002) to the Permanent School Fund (0044).



USAS Values


Appropriation Year 25
USAS Title GRAZING LEASE RENTAL
Receipt Category 08 – Natural Resources
Receipt Type 80 – Land Income
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 04 – LAND INCOME



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