Sec. 242.064. DEBIT CARD SUSPENSE ACCOUNTS. (a) The department may establish debit card suspense accounts necessary to operate magnetic debit card systems at facilities under the jurisdiction of the department to enable the students, employees, and visitors to make purchases of:
(1) merchandise from vending machines or canteens within the facilities;
(2) meals from cafeterias within the facilities; and
(3) services that the facilities are authorized to provide.
(b) Cash received from cash-to-card machines and amounts electronically transferred for card use from the students' trust fund accounts shall be deposited to debit card suspense accounts in local depositories and held pending card purchases.
(c) Transfers of cash based on card use for purchases of merchandise or services shall be made from the debit card suspense accounts to the appropriate vendors and to accounts in the state treasury in accordance with laws governing receipt of state revenues.
(d) Unused debit card balances shall be refunded to the card holders from the debit card suspense accounts.
Transferred, redesignated and amended from Human Resources Code, Subchapter C, Chapter 61 by Acts 2011, 82nd Leg., R.S., Ch. 85 (S.B. 653), Sec. 1.007, eff. September 1, 2011.
Section: Previous 242.057 242.058 242.059 242.060 242.061 242.062 242.063 242.064 242.065 242.066 242.067 242.068 242.069 242.070 242.071 NextLast modified: September 28, 2016