| Issue Date: | |
|---|---|
| Revised Date: | 2017-12-27 |
Legal Citations
- Government Code sec. 496.003
Object Type
Cash — Natural Resources
Origin Date
1979 by S.B. 160, 66th Leg.
Description
The Board may lease State-owned land under its management and control at its fair market lease value for an initial period not to exceed 20 years and under such other terms and conditions as the Board deems best for the interest of the Department.
Due Date
As specified by the Board.
Collecting Agencies
Deposit Funds
Note
Previously, prison land receipts were deposited to the Department of Corrections Mineral Fund Account (0272) per S.B. 290, 67th Leg., R.S., effective April 30, 1981. The account was abolished August 31, 1995 per § 403.095 Government Code.
Amended by H.B. 2151, 74th Leg., R.S.
USAS Values
| Appropriation Year | 25 |
|---|---|
| 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 |