|
Remittance Information
If your bank is not currently participating in the IOLTA Program, please contact
Janice Cappiello via email, or call 512.320.0099,
ext. 108.
Financial institutions may remit interest to the Texas Access to Justice Foundation
on a monthly or quarterly basis.
Monthly remittances are due 15 days following the end of the time period reported.
Example: Interest earned between March 1 and March 31 should be
remitted to the Foundation by April 15.
Quarterly remittances are calculated by calendar quarters.
|
Quarter
|
Time Period of Interest Earned
|
Remit By
|
|
1
|
Jan. 1 – Mar. 31
|
Apr. 15
|
|
2
|
Apr. 1 – Jun. 30
|
Jul. 15
|
|
3
|
Jul. 1 – Sept. 30
|
Oct. 15
|
|
4
|
Oct. 1 – Dec. 31
|
Jan. 15
|
Completing the IOLTA Remittance Report
Following are the steps required to complete the IOLTA Remittance Report:
- Complete the top portion of the report (including the Bank Code and Time Period).
- Report the interest earned, service charges [links to Service Charges in How to
Open and Manage IOLTA Accounts sub section] and net paid for each account. Accounts
earning $0.00 interest must also be reported.
- Calculate and report the totals for interest earned, service charges and net paid.
The total interest earned less total service charges should equal the total net
paid. The total net paid should equal the amount of your check to the Foundation.
- Report the interest rate or tiered rates and average balance. For quarterly remittances,
report the interest rate(s) and average balance for the last month of the quarter.
- New and closed accounts should be designated by N (new) or C (closed) in the far
right column. All accounts must be accounted for on each consecutive IOLTA remittance
report, including any open accounts earning $0.00 interest. Unless the account has
been designated as closed on the previous report, it should be listed.
- Send a check and the IOLTA Remittance Report to:
Texas Access to Justice Foundation
P. O. Box 678332
Dallas, TX 75267-8332
- Report to the Foundation any errors in remittance as soon as possible. Upon receipt
of supporting documentation, refunds will be made for excess payments.
To obtain an IOLTA Remittance Report, contact
Janice Cappiello, at 512.320.0099, ext. 108.
|
Recent News

Mar. 2, 2010
TAJF is accepting applications for
the 2010-11 Student Loan Repayment Assistance Program
Feb. 15, 2010
"Funds on the Chopping Block" Texas Lawyer Feb.
3, 2010
TAJF
is co-sponsoring the
Texas Forum on Self-Represented Litigants and the Courts
Jan. 25, 2010
Thank you to our 2009 Donors
Jan. 12, 2010
Dallas high school students host "Evening with the Chief" to benefit Texas Access to Justice Foundation
Dec. 18, 2009
"Indigent litigants get help from legal aid grant"
Lubbock Avalanche-Journal Dec. 15, 2009
TAJF Awards New Grants for Pilot Projects Impacting the Texas Legal Delivery System Dec. 11, 2009
Speaker Straus Honored with Star of Justice Award for Access to Justice Efforts Dec. 7, 2009
"Need is up, funding plummets for legal aid" Washington
Post Nov. 13, 2009
News about
the FDIC's extended Transaction Account Guarantee (TAG) program
Nov. 9, 2009
Waco Banks Recognized for Supporting Legal Services to the Poor
More news
|