If your bank is not currently participating in the IOLTA Program, please contact
Janice Cappiello via email, or call 512.320.0099,
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.
Time Period of Interest Earned
Jan. 1 – Mar. 31
Apr. 1 – Jun. 30
Jul. 1 – Sept. 30
Oct. 1 – Dec. 31
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.
- 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.
Nov. 19, 2013
Texas Corporate Counsel Community Raises $48,000 for Civil Legal Services
Nov. 18, 2013
State Bar of Texas Announces Move to a Prime Partner Bank
Serving the Legal Needs of Those Who Served - Veterans Day 2013
November is Prime Partner Bank Recognition Month!
Oct. 29, 2013
TAJF Seeks Director of Finance
Oct. 22, 2013
Pro Bono Week Kickoff Event Honors New Supreme Court Justice and Access to Justice Supporters
Oct. 18, 2013
The application period for the Texas Equal Justice Works Fellowship program has
been extended to Dec. 1
Sept. 13, 2013
Announces 2013-14 Grant Awards
Sept. 10, 2013
Announces 2013 Texas Equal Justice Works Fellows
Sept. 4, 2013
Ferguson and Tottenham appointed to TAJF Board
July 19, 2013
Announces Grants for Veterans' Legal Services
May 28, 2013
Legislature Provides Funding for the State's Legal Aid System
May 16, 2013
Fort Bend County Banks Receive Prime Partners in Justice Award
April 21-27, 2013
TAJF Recognizes National Crime Victims' Week
April 24, 2013
Justice Gala Raises More Than $338,000 for Legal Services to Veterans
April 3, 2013
Deadline for veteran grant applications extended to May 1
Public Welfare Foundation issues report "Natural Allies: Philanthropy and Civil
March 29, 2013
Children should have a voice in termination cases
March 27, 2013
Legal Aid Needs Unmet
- San Antonio Express News
March 1, 2013
IOLTA Program Find New Funding to Support Legal Services
March 1, 2013
Statement from TAJF Chair on Sequester Funding Cuts to Legal Aid
February 20, 2013
Legal Aid Funding Shortfall & Legislative Solutions Announced
February 20, 2013
New report on economic impact of legal aid released today
February 18, 2013
Press Conference to Held Feb. 20 at the Capitol