Current through Reg. 49, No. 50; December 13, 2024
Section 15.2 - Approved Means of Electronic Funds Transfer(a) Pursuant to Government Code, § 404.095(e), the comptroller must adopt rules specifying the approved means of EFT for the payments required under Government Code, § 404.095.(b) A person must use TexNet, the State of Texas Financial Network, to make an EFT payment required under Government Code, § 404.095. A person may choose any of the following TexNet payment options as an approved means of EFT: (1) ACH debit/direct entry;(2) ACH debit/indirect entry; or(3) ACH credit with addenda record(s) in CCD+ or CTX format.(c) Wire transfer is not an approved means of making payment by EFT under Government Code, § 404.095. However, wire transfer may be used in limited circumstances as permitted by § 15.41 of this title (relating to Missed Payment Deadline Procedures).34 Tex. Admin. Code § 15.2
The provisions of this §15.2 adopted to be effective May 2, 2013, 38 TexReg 2640