Texas Tax Code § 156.2513 Allocation Of Revenue To Certain Municipalities And Counties

Sec. 156.2513. ALLOCATION OF REVENUE TO CERTAIN MUNICIPALITIES AND COUNTIES. Not later than the last day of the month following a calendar quarter, the comptroller shall:

(1) compute the amount of revenue, excluding penalties and interest and amounts paid under protest, derived from the collection of taxes imposed by this chapter that resulted from documentation or other information described by Section 351.008 or 352.008; and

(2) issue a warrant drawn on the general revenue fund in the amount of 20 percent of the revenue computed under Subdivision (1) to the municipality or county that provided the documentation or other information.

Added by Acts 2011, 82nd Leg., R.S., Ch. 1152 (H.B. 2048), Sec. 1, eff. September 1, 2011.

Section: Previous  156.101  156.102  156.103  156.104  156.151  156.152  156.153  156.154  156.201  156.202  156.203  156.204  156.251  156.2511  156.2512

Last modified: September 28, 2016