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Permanent School Fund
The Texas Permanent School Fund is a sovereign wealth fund which serves to provide revenues for funding of public primary and secondary education in the US state of Texas. Its assets include many publicly owned lands within Texas and various other investments; as of the end of fiscal 2020 (August 31), the fund had an endowment of $48.3 billion. The fund is distinct from the Permanent University Fund, which funds most institutions in the University of Texas System and the Texas A&M University System, but no other public universities or schools in the state. Management The lands and other assets in the fund are managed by the Texas General Land Office (GLO). Money is added to the fund whenever lands under GLO management are sold or leased, or when mineral royalties are collected on natural resource extraction on these lands. Royalties on oil and gas extraction are the fund's major source of revenues. The General Land Office then reinvests these revenues and manages the investmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), or sovereign investment fund, is a state-owned investment fund that invests in real and financial assets such as stocks, Bond (finance), bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and International Moneta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interest
In finance and economics, interest is payment from a debtor or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay to the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit (economics), profit or Reserve (accounting), reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs. For example, a customer would usually pay interest to debt, borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Funds
A sovereign wealth fund (SWF), or sovereign investment fund, is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and International Monetary Fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Texas
The Republic of Texas (), or simply Texas, was a country in North America that existed for close to 10 years, from March 2, 1836, to February 19, 1846. Texas shared borders with Centralist Republic of Mexico, the Republic of the Rio Grande, and the United States. The Republic declared its independence from Mexico with the proclamation of the Texas Declaration of Independence, subsequently beginning the Texas Revolution. The proclamation was established after the Centralist Republic of Mexico abolished autonomy from states of the First Mexican Republic, Mexican federal republic. The revolution lasted for six months, with major fighting ending on April 21, 1836, securing independence. The Mexican Congress refused to recognize the independence of the Republic of Texas, as the Treaties of Velasco were signed by Mexican President and General Antonio López de Santa Anna under duress as prisoner. The majority of the Mexican Congress did not approve the agreement. Much of its territor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Submerged Lands Act
The Submerged Lands Act of 1953 is a U.S. federal law that recognized the title of the states to submerged navigable lands within their boundaries at the time they entered the Union. They include navigable waterways, such as rivers, as well as marine waters within the state's boundaries, generally three geographical miles (almost exactly ) from the coastline. The Submerged Lands Act of 1953 was immediately followed by the Outer Continental Shelf Lands Act. Under the latter, the Secretary of the Interior is responsible for the administration of mineral exploration and development of the Outer Continental Shelf (O.C.S.). The Secretary of the Interior is empowered to grant leases to the highest qualified responsible bidder and to formulate regulations as necessary to carry out the provisions of the Act. O.C.S.L.A. provides guidelines for implementing an Outer Continental Shelf The Outer Continental Shelf (OCS) is a legally defined geographic feature of the United States. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of Texas
The Constitution of the State of Texas is the document that establishes the structure and function of the government of the U.S. state of Texas and enumerates the basic rights of its citizens. The current document was adopted on February 15, 1876, and is the seventh constitution in Texas history (including the Mexican constitution). The previous six were adopted in 1827 (while Texas was still part of Mexico and half of the state of Coahuila y Tejas), 1836 (the Constitution of the Republic of Texas), 1845 (upon admission to the United States), 1861 (at the beginning of the American Civil War), 1866 (at the end of the American Civil War), and 1869. Texas constitutional conventions took place in 1861, 1866, 1868–69, and 1875. The constitution is the second-longest state constitution in the United States (exceeded only by the Constitution of Alabama, even with the latter being recompiled as a new document in 2022 and having obsolete, duplicative, and overtly racist provisions rem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reconstruction Era
The Reconstruction era was a period in History of the United States, US history that followed the American Civil War (1861-65) and was dominated by the legal, social, and political challenges of the Abolitionism in the United States, abolition of slavery and reintegration of the former Confederate States of America, Confederate States into the United States. Reconstruction Amendments, Three amendments were added to the United States Constitution to grant citizenship and equal civil rights to the Freedmen, newly freed slaves. To circumvent these, former Confederate states imposed poll taxes and literacy tests and engaged in terrorism in the United States, terrorism to intimidate and control African Americans and discourage or prevent them from voting. Throughout the war, the Union was confronted with the issue of how to administer captured areas and handle slaves escaping to Union lines. The United States Army played a vital role in establishing a Labour economics, free lab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861May 26, 1865; also known by Names of the American Civil War, other names) was a civil war in the United States between the Union (American Civil War), Union ("the North") and the Confederate States of America, Confederacy ("the South"), which was formed in 1861 by U.S. state, states that had Secession in the United States, seceded from the Union. The Origins of the American Civil War, central conflict leading to war was a dispute over whether Slavery in the United States, slavery should be permitted to expand into the western territories, leading to more slave states, or be prohibited from doing so, which many believed would place slavery on a course of ultimate extinction. Timeline of events leading to the American Civil War, Decades of controversy over slavery came to a head when Abraham Lincoln, who opposed slavery's expansion, won the 1860 presidential election. Seven Southern slave states responded to Lincoln's victory by seceding f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas State Historical Association
The Texas State Historical Association (TSHA) is an American nonprofit educational and research organization dedicated to documenting the history of Texas. It was founded in Austin, Texas, United States, on March 2, 1897. In November 2008, the TSHA moved its offices from Austin to the University of North Texas in Denton, Texas. In 2015, the offices were relocated again to the University of Texas at Austin. History On February 13, 1897, ten persons convened to discuss the creation of a nonprofit to promote Texas state history. George Pierce Garrison, chair of the University of Texas history department, led the organizational meeting establishing the association on March 2, 1893. The TSHA elected Oran Milo Roberts as its first president. In addition to Roberts, TSHA charter members included Guy M. Bryan, Anna Pennybacker, Bride Neill Taylor, and Dudley G. Wooten. About twenty or thirty persons attended the charter meeting. One of the founders was John Henninger Reagan. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma
Oklahoma ( ; Choctaw language, Choctaw: , ) is a landlocked U.S. state, state in the South Central United States, South Central region of the United States. It borders Texas to the south and west, Kansas to the north, Missouri to the northeast, Arkansas to the east, New Mexico to the west, and Colorado to the northwest. Partially in the western extreme of the Upland South, it is the List of U.S. states and territories by area, 20th-most extensive and the List of U.S. states and territories by population, 28th-most populous of the 50 United States. Its residents are known as Oklahomans and its capital and largest city is Oklahoma City. The state's name is derived from the Choctaw language, Choctaw words , 'people' and , which translates as 'red'. Oklahoma is also known informally by its List of U.S. state and territory nicknames, nickname, "The Sooner State", in reference to the Sooners, American pioneer, American settlers who staked their claims in formerly American Indian-o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colorado
Colorado is a U.S. state, state in the Western United States. It is one of the Mountain states, sharing the Four Corners region with Arizona, New Mexico, and Utah. It is also bordered by Wyoming to the north, Nebraska to the northeast, Kansas to the east, and Oklahoma to the southeast. Colorado is noted for its landscape of mountains, forests, High Plains (United States), high plains, mesas, canyons, plateaus, rivers, and desert lands. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains. Colorado is the List of U.S. states and territories by area, eighth-largest U.S. state by area and the List of U.S. states and territories by population, 21st by population. The United States Census Bureau estimated the population of Colorado to be 5,957,493 as of July 1, 2024, a 3.2% increase from the 2020 United States census. The region has been inhabited by Native Americans in the United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
