Issue Date: 1994-05-20
Revised Date: 2025-09-01

Legal Citations

Object Type

Cash — Other Revenue

Origin Date

1994

Description

To receive interest earned on investment of prize money to be paid in installments in securities, annuities, or other instruments as determined by the comptroller, which is reserved for future prize payments.

Due Date

At time of receipt

Note

S.B. 3070, 89th Leg., R.S. abolished the Lottery Commission (362) and transferred all programs and duties to the Texas Department of Licensing and Regulation (452) effective 9/1/2025.

USAS Values

Appropriation Year 26
USAS Title INTEREST ON LOTTERY PRIZE INVESTMENTS
Receipt Category 14 – Other
Receipt Type 70 – Interest and Dividends
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 02 – INTEREST AND INVESTMENT INCOME