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: | 2003-09-01 |
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| Revised Date: | 2015-06-24 |
Legal Citations
Object Type
Cash — Education
Origin Date
Description
Due Date
Collecting Agencies
Deposit Funds
Note
Created 9/1/2004 under Education Code 61.539. The governing boards of each medical unit of an institution of higher education set aside 2% of tuition charges for resident students registered in a medical branch, school or college. Previously 100% deposited to GR Account 0542 Medical School Tuition Set Aside until 8/1/2009. Deposit was changed to GR Account 5144 and General Revenue 0001 per H.B. 2154 and H.B. 4583, 81st Leg., R.S. The 2% set aside was deposited as follows:
FY 10 -- 85% to GR 0001 and 15% to 5144;
FY 11 -- 75% to GR 0001 and 25% to 5144; and
FY 12 and forward -- 50% to GR 0001 and 50% to 5144.
Abolished by H.B. 7 and H.B. 2396, 84th Leg., R.S.
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