Issue Date: 1992-06-22
Revised Date: 2018-10-10

Legal Cites

Codes

Out In For
7922 3922 General Revenue Fund (0001) Deleted
7922 3922 Foundation School (0193)
7922 3922 Lottery (5025) Inactive
7922 3922 Fund for Veterans' Assistance (0368)

Purpose

To record the transfer of revenue from the state lottery account to GR Account - Foundation School. The Texas Lottery Commission will make monthly computations of amounts to be transferred.

Note

Lottery Commission created by H.B. 1587, 73rd Leg., R.S.

The transfers are required to be made by the 15th day of each month.

The portion previously transferred to unobligated General Revenue was redirected to the Foundation School Account by H.B. 4, 75th Leg., R.S.

Transfers to the commission's operating account will be made using object codes 3968/7968, effective 9-1-99.

S.B. 1655, 81st Leg., R.S. created Veteran's Assistance Game where amounts generated from that game are deposited to Fund for Veterans' Assistance (0368).