34 Tex. Admin. Code § 5.400 Printing and Issuance of Warrants

• Library: Texas Administrative Code
• Edition: 2023
• Currency: Current through Reg. 48, No. 52; December 29, 2023
• Citation: 34 Tex. Admin. Code § 5.400
• Year: 2023

(a) Applicability. This rule governs the comptroller's delegation of the authority to print and issue warrants under Government Code, § Government CodePrinting And Issuance Of Warrants403.060(a).

(b) Definitions. The following words and terms, when used in this subchapter, shall have the following meanings.

(1) Electronic Funds Transfer (EFT)--A transfer of funds which is initiated by the participating state agency as originator to the originating depository financial institution to order instruct, or authorize a receiving depository financial institution to perform a credit entry, reversal, or reclamation. An EFT may include a pay card. For purposes of this rule, an EFT does not include a transaction originated by wire transfer, check, draft, warrant, or other paper instrument.

(2) MOU--Memorandum of Understanding.

(3) National Automated Clearing House Association (NACHA)--The electronic payments association that establishes standards, rules, and procedures that enable domestic financial institutions to exchange payments electronically.

(4) Participating state agency--A state agency that has requested and received from the comptroller the delegated authority to print and issue warrants.

(5) Pay card --A payment card issued to a state payee that provides access to state funds as authorized by a state agency.

(6) Payment method--A warrant or an EFT payment.

(7) Regulation E--The regulations adopted by the Board of Governors of the Federal Reserve System at 12 C.F.R. Part 205 , as they may be amended, to implement the Electronic Fund Transfer Act (15 U.S.C. § 15Congressional findings and declaration of purpose1693 et seq.).

(8) State agency-- (A) a department, commission, board, office or other agency in the executive or legislative branch of state government that is created by the constitution or a statute of this state, including the comptroller of public accounts; (B) the supreme court of Texas, the court of criminal appeals, a court of appeals or a state judicial agency; or (C) a university system or an institution of higher education as defined by Education Code, § Education CodeDefinitions61.003, other than a public junior college.

(9) State...