TITLE 34. PUBLIC FINANCE

PART 1. COMPTROLLER OF PUBLIC ACCOUNTS

CHAPTER 5. FUNDS MANAGEMENT (FISCAL AFFAIRS)

SUBCHAPTER B. PAYMENT PROCESSING--ELECTRONIC FUNDS TRANSFERS

34 TAC §5.12, §5.15

The Comptroller of Public Accounts adopts amendments to §5.12 concerning processing payments through electronic funds transfers and §5.15 concerning electronic funds transfers - paycards, without changes to the proposed text as published in the March 10, 2023, issue of the Texas Register (48 TexReg 1426). The rules will not be republished.

The amendments to §5.12 delete the definition of "comptroller approved EFTS form" in subsection (b)(4) because this term is no longer used in this subchapter and renumber the subsequent definitions accordingly; add the term "travel reimbursement" in subsection (b)(19) to acknowledge that pay cards issued to state employees may also provide access to travel reimbursement payments; change "funds" to "payments" in subsection (b)(19) to ensure the consistent use of the term in this subchapter; change "paycard" to "pay card" in subsections (b)(19) and (c)(2)(B) to correct the spelling of this term; change "and" to "or" in subsection (b)(26)(C) to correct a typographical error; update the room number to which any questions, comments, or complaints may be addressed in subsection (g)(1); and change "are" to "is" in subsection (h) to correct a grammatical error.

The amendments to §5.15 change "funds" to "payments" in subsection (a)(2) to ensure the consistent use of the term in this subchapter; add the term "travel reimbursement" throughout subsection (a) to acknowledge that pay cards issued to state employees may also provide access to travel reimbursement payments; delete subsection (c) to allow greater flexibility regarding the use of pay cards to the extent allowed by Regulation E, 12 C.F.R. Part 1005; and change "paycard" to "pay card" and "paycards" to "pay cards" throughout §5.15 to correct the spelling of this term.

The comptroller did not receive any comments regarding adoption of the amendments.

The amendments are adopted under Government Code, §403.016(j), which requires the comptroller to adopt rules to administer Government Code, §403.016 regarding electronic funds transfer.

The amendments implement Government Code, §403.016.

The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on April 28, 2023.

TRD-202301570

Victoria North

General Counsel for Fiscal and Agency Affairs

Comptroller of Public Accounts

Effective date: May 18, 2023

Proposal publication date: March 10, 2023

For further information, please call: (512) 475-2220