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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) Until the amount of revenue from an authority's sales and use tax collected in a withdrawn unit of election after the effective date of withdrawal and paid to the authority equals the total financial obligation of the unit, the sales and use tax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.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 452.658. Collection of Sales and Use Tax After Withdrawal - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-452-658/
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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