Texas Administrative Code › Title 34 - PUBLIC FINANCE › Part 1 - COMPTROLLER OF PUBLIC ACCOUNTS › Chapter 15 - ELECTRONIC TRANSFER OF CERTAIN PAYMENTS TO STATE AGENCIES › Subchapter A - APPLICABILITY, DEFINITIONS AND PAYMENT CATEGORIES › Section 15.3 - Definitions

Current through Reg. 49, No. 28; July 12, 2024
The following words and terms, when used in this chapter,
					 shall have the following meanings, unless the context clearly indicates
					 otherwise.
(1) Access code--A unique
				  and confidential series of numbers assigned to a person by TexNet that allows
				  the person to communicate payment information to the TexNet data collection
				  system.
(2) ACH (Automated Clearing
				  House)--A central distribution and settlement point for the electronic clearing
				  of debits and credits between financial institutions subject to regulation
				  under rules of an automated clearinghouse association and applicable regulatory
				  law.
(3) ACH credit with addenda
				  record(s)--An ACH transaction in CCD+ or CTX format which is initiated by the
				  person to make an EFT payment.
(4)
				  ACH debit/direct entry--An ACH transaction initiated by the comptroller using
				  payment information entered directly into the TexNet data collection system by
				  the person to make an EFT payment.
(5) ACH debit/indirect entry--An ACH
				  transaction to make an EFT payment that is initiated by the comptroller, which
				  is based upon payment information entered into the TexNet payment processing
				  system by the person's state agency in a specified manner approved by the
				  comptroller.
(6) ACH
				  transaction--An electronic transaction which is cleared through the
				  ACH.
(7) Addenda record--A separate
				  record transmitted with an ACH credit which contains payment information in the
				  approved State of Texas addenda record format.
(8) Banking holiday--Any holiday observed by
				  the Federal Reserve Bank of Dallas and its member institutions.
(9) Business day--Any day when financial
				  transactions are processed through the banking system; normally not a Saturday,
				  Sunday, or a banking holiday.
(10)
				  Categories of payments--Those types of payments to a state agency that may
				  trigger a requirement to transfer payment electronically under Government Code,
				  §
										404.095,
				  as set out in §
										15.4
				  of this title (relating to Applicable Payment Categories and Voluntary
				  Payments).
(11) CCD+ format (cash
				  concentration or disbursement with one addenda record)--A standard ACH
				  transaction format which includes one addenda record.
(12) Comptroller--The Comptroller of Public
				  Accounts and its successors.
(13)
				  Comptroller's bank--A financial institution, which is a member of the Federal
				  Reserve System, that the comptroller has contracted with to originate ACH
				  debits or receive ACH credits.
(14)
				  CTX format (corporate trade exchange format)--A standard ACH transaction format
				  which includes up to 9,999 addenda records.
(15) Due date--Date on which a payment to a
				  state agency by a person is due. If the due date is a Saturday, Sunday, or a
				  banking holiday, the next business day shall be the due date.
(16) Electronic Funds Transfer (EFT)--A
				  transfer of funds, other than a transaction originated by check, draft, warrant
				  or similar paper instrument, which is initiated through an electronic terminal,
				  or computer so as to order, instruct, or authorize a financial institution to
				  debit or credit an account in accordance with this chapter.
(17) Payment information--The specific
				  information required by the state agency from a person making an EFT payment to
				  ensure accurate credit of the payment.
(18) Payor identification number--A unique
				  number assigned by a state agency to a person who makes payments to that state
				  agency.
(19) Person--A payor,
				  including, but not limited to an individual, corporation, partnership,
				  association, legal representative, trustee in bankruptcy, receiver,
				  municipality, county, district, or political subdivision, who makes payments to
				  a state agency in any of the separate categories of payments listed in
				  Government Code, §
										404.095.
(20) Person's bank--The financial institution
				  at which the person maintains an account from which electronic transactions
				  will occur.
(21) Recurring
				  surcharges--A recurring surcharge that is considered a separate category of
				  payment under the category of other payments to a state agency, as set out in
				  §
										15.4
				  of this title.
(22) Settlement
				  date--The business day on which funds are electronically transferred from the
				  person's bank account to the appropriate account at the comptroller's
				  bank.
(23) State agency--Any agency
				  of the state that during the preceding state fiscal year collected or received
				  more than $50 million in fees, fines, penalties, taxes, charges, gifts, grants,
				  donations, and other funds, excluding federal grants and interest and dividend
				  income. A list of state agencies that typically collect or receive more than
				  $50 million in a state fiscal year is set out in §
										15.1
				  of this title (relating to Applicability and Additional Information).
(24) State fiscal year--The twelve month
				  period beginning on September 1 of each year and ending on August 31 of the
				  following calendar year.
(25)
				  TexNet--The State of Texas Financial Network. TexNet is the exclusive system
				  designed and maintained by the comptroller to facilitate and process the
				  electronic transfer of funds from a person making certain EFT payments to a
				  state agency under Government Code, §
										404.095.
(26) TexNet data collection system--The
				  system designed and maintained by the comptroller to collect payment data to
				  initiate an EFT payment under Government Code, §
										404.095.
(27) TexNet payment processing system--The
				  system designed and maintained by the comptroller to process payment data to
				  facilitate the electronic transfer of funds and related information.
(28) Trace number--A number provided to a
				  person by the TexNet data collection system upon receipt of all payment
				  information that uniquely identifies the completed communication.
(29) Wire transfer--An unconditional order to
				  a bank to pay a fixed or determinable amount of money to a beneficiary upon
				  receipt or on a day stated in the order that is transmitted by electronic
				  means. Wire transfer is not an approved means of electronic fund transfer as
				  set out in §
										15.2
				  of this title (relating to Approved Means of Electronic Funds Transfer), but
				  may be used as permitted by §
										15.41
				  of this title (relating to Missed Payment Deadline Procedures).