| Issue Date: | |
|---|---|
| Revised Date: | 2017-12-27 |
Legal Citations
- Alcoholic Beverage Code sec. 103.11
Object Type
Cash — Alcoholic Beverage
Origin Date
1935 by the 44th Leg.
Description
To record proceeds from the sale of seized alcoholic beverages, containers and packaging equipment vehicles, etc., sold at public or private sale in such place or manner as may be deemed best. The Commission shall sell alcoholic beverages only to qualified permit or license holders. Proceeds from sales are deposited in escrow in Departmental Suspense (No. 0900) pending the outcome of the forfeiture. If forfeited to the State the proceeds are then cleared to Fund 0001.
Due Date
At time of sale.
Collecting Agencies
Deposit Funds
Note
Previously, 35% deposited to the Confiscated Liquor Fund Account (0067) and 65% to General Revenue Fund (0001)). Account 0067 abolished effective 8-31-95 pursuant to Government Code § 403.094(h), and deposit changed to General Revenue.
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | SALE-CONFISCATED ALCOHOL BEVS |
| Receipt Category | 06 – Alcoholic Beverages |
| Receipt Type | 30 – State Service Fees |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 05 – OTHER REVENUE |