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Petroleum Violation Escrow Funds

RDA Number
3068
Effective Date
Record Series Abstract
Records include loan applications, program activities, reports, invoices and other information relative to the administration and implementation of programs and projects provided with PVE funds. This program is a result of a legal settlement. The Department of Energy was responsible for identifying violations, recovering overcharges, and restitutions for wronged parties during the oil restrictions and embargos from 1973-1981. The funds were used for public transportation computerized school bus routing, ridesharing, energy assistance, home weatherization, airport maintenance and other specified federal programs for small business and local government communities. The loan program ended in 2010 and is in re-payment period until 2017. RDA should be retired after final repayment of loans. Program transferred to TDEC 1-1-13, from ECD. Records were last audited 1-2013. No new records created, since program moved to TDEC. Some records located at R & R. Loans re-payment funds collectd by TDEC Fee Section.
Record Series Active
Yes
Cut Off at End of
Other
If Other, Explain
End of loan period.
Total Retention Years
5
Total Retention Months
0
Retention End Action
Destroy
Disposition Notes
Maintained in agency 5 years after the completion of loan programs.
Allotment Code
327.52
Record Location
2nd Floor, 312 Rosa Parks Ave, Nashville, TN 37243
File Arrangement
Alpha & Numeric
Date Range
2006 - current
Annual Accumulation
1.0 cu. ft
Current Volume
12.5 cu. ft
Record Value
Administrative
Fiscal
Audit Requirements
Both
Information Shared Outside the State
Yes
Shared Agencies
Department of Energy
Essential Record
No
Confidential
No
Does this Record Series Contain Sensitive Information?
No
Agency Retention
5 years
Records Center Retention Period
0 years
Record Sample PDF
Legacy Revision UUID
1259