State of Texas – Fiscal Management

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Revenue Object 3328 – Surface Damages – Permanent School Fund Land

 

Legal Citations:
Revenue Type: Cash — Natural Resources
Origin Date: 1985 by S.B. 658, 69th Leg., R.S.
Issue Date: 1985-09-01
Revised Date: 2022-09-01

Description


Leases issued for unsold surveyed or unsurveyed school land must include a provision requiring payment of damages for use of the surface in prospecting for, exploring, developing or producing the leased minerals. This does not apply to land included in islands, saltwater lakes, bays, inlets, marshes and reefs owned by Texas in tidewater limits and the Texas portion of the Gulf of Mexico. 

The Land Commissioner sets the amount and collects the money for damages to surface of land dedicated to the permanent school fund.



Due Date


As determined by the commissioner.



Notes


For conservation, reclamation or permanent improvements on Permanent School Fund lands.

Previously administered by General Land Office -- Fiscal, Agency 317 (inactive).

Administration of Permanent School Fund (0044) changed from Texas Education Agency (701) to Texas Permanent School Fund Corporation (706) by S.B. 1232, 87th Leg., R.S.



USAS Values


Appropriation Year 26
USAS Title SURFACE DAMAGES
Receipt Category 08 – Natural Resources
Receipt Type 90 – Other Receipts
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 05 – OTHER REVENUE



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