Texas Transportation Code § 452.658 Collection Of Sales And Use Tax After Withdrawal

Sec. 452.658. COLLECTION OF SALES AND USE TAX AFTER WITHDRAWAL. (a) Until the amount of revenue from an authority's sales and use tax collected in a withdrawn unit of election after the effective date of withdrawal and paid to the authority equals the total financial obligation of the unit, the sales and use tax continues to be collected in the territory of the election unit.

(b) After the amount described by Subsection (a) has been collected, the comptroller shall discontinue collecting the tax in the territory of the unit of election.

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Section: Previous  452.651  452.652  452.653  452.654  452.655  452.656  452.657  452.658  452.659  452.660  452.661  452.662  452.701  452.702  452.703  Next

Last modified: September 28, 2016