State of Texas – Fiscal Management

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Revenue Object 3175 – Professional Fees – Related Finance Company

Repealed

This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Legal Citations:
Revenue Type: Cash — Business Regulation
Origin Date: 2007 by S.B. 1617, 80th Leg., R.S.
Issue Date: 2007-09-01
Revised Date: 2018-02-09

Description


A person in which at least 80% of ownership is identical to ownership of an automotive dealer is a related finance company. The comptroller shall establish a registration system for related finance companies. The company may register annually and the comptroller may charge a fee up to $1,500 per year.



Due Date


As set by Comptroller



Notes


$1,500 fee and registration requirement repealed by H.B. 2067, 85th Leg., R.S.



USAS Values


Appropriation Year 26
USAS Title PROFESSIONAL FEES
Receipt Category 03 – Business Regulation
Receipt Type 10 – Business/Professional Fees
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 01 – LICENSES, FEES, FINES, AND PENALTIES



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