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).
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