Issue Date: | 1986-11-01 |
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Revised Date: | 2025-01-10 |
Legal Citations
- Texas Constitution art. III sec. 49-m, art. III sec. 49-n
- Transportation Code sec. 201.963
- Government Code sec. 404.001, sec. 404.125
Object Type
Cash — Other Revenue
Origin Date
1986 by S.B. 5, 69th Leg., 3rd C.S.
Description
Proceeds from sale of tax and revenue anticipation notes. All notes must mature and be paid in full during the fiscal year in which issued.
Due Date
As determined by issuing agency.
Collecting Agencies
Deposit Funds
Note
First notes issued November 1986.
H.B. 471, H.J.R. 28 and HB 3318, 78th Leg., R.S. authorized the Texas Department of Transportation to issue highway tax and revenue anticipation notes to make up a temporary shortfall in the State Highway Fund's cash flow.
USAS Values
Appropriation Year | 25 |
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USAS Title | TAX & REVENUE ANTICIPATE NOTES |
Receipt Category | 14 – Other |
Receipt Type | 56 – Investments, Loans, Advances |
Object Group | 02 – Bond Proceeds |
USAS Status | A |
Rev/Exp Category | 23 – BOND AND NOTE PROCEEDS |