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.

Issue Date: 1999-09-01
Revised Date: 2024-10-31

Legal Citations

  • Finance Code sec. 345.157

Object Type

Cash — Business Regulation

Origin Date

September 1, 1999 by H.B. 744, 76th Leg., R.S.

Description

The holder of a revolving credit account shall remit 50 cents of each delinquency charge in excess of $10 collected to the comptroller for deposit.

Due Date

As determined by the comptroller.

Note

Deposit of 50 cents to dedicated account in General Revenue per H.B. 744 was not exempted by the funds consolidation bill (H.B. 3084). Therefore, fee deposited to General Revenue Fund 0001.

No longer required. Inactivated November 2024. Activity will be accounted for under 3770 – Administrative Penalties.

USAS Values

Appropriation Year 25
USAS Title DELINQUENT CHG - REVOLV CREDIT ACCTS
Receipt Category 03 – Business Regulation
Receipt Type 30 – State Service Fees
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 01 – LICENSES, FEES, FINES, AND PENALTIES