State of Texas – Fiscal Management

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Revenue Object 3307 – Repayment of Principal on Veterans Land/Housing Contracts – Forfeited Veteran's Land or Housing
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Legal Citations:
Revenue Type: Cash — Natural Resources
Origin Date: 1955 by the 54th Leg. for land; 1983 by the 68th Leg. for housing
Issue Date:
Revised Date: 2007-09-01

Description


Proceeds from resale of forfeited veterans land/housing deed loans. Highest bid offered by a qualified purchaser is taken and financed by a mortgage loan.



Due Date


Determined by Veterans Land Board.



Collecting Agencies




Deposit Funds


  • One of the Veterans Land or Housing Funds



Notes




USAS Values


Appropriation Year 26
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



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