The proceeds from the sale of any surplus or salvage property, less the costs of advertising, selling, auctioneer services, if any, and any fee collected under §126.2(5) of this title (relating to Purchaser's fees), shall be deposited to the credit of the general revenue fund of the state treasury. Proceeds from the sale of surplus or salvage property of the State Aircraft Pooling Board shall be deposited to the credit of the board. The portion of the proceeds from the sale of any surplus or salvage property equal to the costs of advertising, the sale and the costs of auctioneer services, if any, shall be deposited with the Comptroller of Public Accounts to the credit of the item of appropriation to the commission from which such costs were expended. The fee collected under §126.2(5) of this title shall be deposited with the Comptroller of Public Accounts to the credit of the general revenue fund.

Source Note:The provisions of this §126.5 adopted to be effective May 8, 2002, 27 TexReg 3756; amended to be effective January 11, 2004, 29 TexReg 357.