Sec. 2175.190. REPORTING SALE; PROPERTY ACCOUNTING ADJUSTMENT. (a) On the sale by the commission of surplus or salvage property, the commission shall report the property sold and the sale price to the state agency that owned the property and to the comptroller.
(b) If property reported under this section is on the state property accounting system, the comptroller shall remove the property from the property accounting records.
(c) The commission by rule may establish a procedure that allows a participating state agency to receive a return on small value items through the transfer of similar items.
Added by Acts 2001, 77th Leg., ch. 1422, Sec. 11.03, eff. Jan. 1, 2002.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 812 (H.B. 3438), Sec. 8, eff. September 1, 2015.
Structure Texas Statutes
Subtitle D - State Purchasing and General Services
Chapter 2175 - Surplus and Salvage Property
Subchapter D. Disposition of Surplus or Salvage Property
Section 2175.181. Applicability
Section 2175.182. State Agency Transfer of Property
Section 2175.1825. Advertising on Commission Website
Section 2175.183. Commission Notice to Other Entities
Section 2175.186. Disposition by Competitive Bidding, Auction, or Direct Sale
Section 2175.187. Disposition by Direct Sale to Public
Section 2175.188. Purchaser's Fee
Section 2175.189. Advertisement of Sale
Section 2175.190. Reporting Sale; Property Accounting Adjustment
Section 2175.191. Proceeds of Sale