| Issue Date: | 2003-09-01 |
|---|---|
| Revised Date: | 2018-02-28 |
Legal Cites
- Government Code ch. 2175
Object Type
Cash — Other Revenue
Origin Date
Acts 1884
Description
To record the receipts from the capital asset sale of all serviceable state vehicles, boats and aircraft no longer needed by state agencies and sale of all state-owned vehicles, boats and aircraft that are depleted, worn out damaged or consumed to the extent that they are no longer usable, as outlined in the Salvage and Surplus Act.
Due Date
At time of sale.
Deposit Funds
- 0001 – General Revenue Fund (formerly to the appropriate fund or account)
Note
Proceeds are deposited to General Revenue with exceptions for certain products, agencies, and institutions of higher education listed in Subchapter F of Government Code ch. 2175.
Amended by H.B. 3042, 78th Leg., R.S.
USAS Values
| Appropriation Year | 24 |
|---|---|
| USAS Title | SALE OF VEHICLES, BOATS & AIRCRAFT |
| Receipt Category | 14 – Other |
| Receipt Type | 35 – Sales, Rentals and Repayments of Goods and Services |
| Object Group | 26 – Other Financing Uses/Sources |
| USAS Status | A |
| Rev/Exp Category | 20 – SALES OF GOODS AND SERVICES |