Tax Code › Title 2 › Chapter 201 › Subchapter I

Texas Tax Code § 201.403

Tax Set Aside

Gas Production Tax · Classification of Tax and Allocation of Revenue

One-half of one percent of the tax collected under this chapter shall be set aside in the state treasury for the use of the comptroller to administer and enforce the provisions of this chapter, subject to appropriation by the legislature. Money set aside by this section that is not spent at the end of a fiscal year reverts proportionally to the other funds to which the taxes imposed by this chapter are paid.

Official text of the Texas Tax Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1981, 67th Leg., p. 1734, ch. 389, Sec. 1, eff. Jan. 1, 1982.

Sections that refer to this one

§ 201.404