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Current as of January 01, 2024 | Updated by FindLaw Staff
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.
Cite this article: FindLaw.com - Texas Tax Code - TAX § 156.2513. Allocation of Revenue to Certain Municipalities and Counties - last updated January 01, 2024 | https://codes.findlaw.com/tx/tax-code/tax-sect-156-2513/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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