State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3128 – Delinquency Charge for Revolving Credit Accounts

Inactive

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: September 1, 1999 by H.B. 744, 76th Leg., R.S.
Issue Date: 1999-09-01
Revised Date: 2026-03-05

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.



Notes


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.

State portion of fee ($0.50) finally repealed by H.B. 1739, 83rd Leg., R.S., effective January 1, 2026.



USAS Values


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USAS Title
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USAS Status
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