Tex. Gov't Code § 477.0102 · Subchapter C. TRUST FUND ESTABLISHMENT, CONTRIBUTION, AND LIMITATION
DEPOSIT OF MUNICIPAL AND COUNTY TAX REVENUE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Subject to Section 477.0104, each endorsing municipality or endorsing county shall remit to the comptroller and the comptroller, at the direction of the office, quarterly shall deposit to the trust fund the amount of the municipality's or county's hotel occupancy tax revenue determined under Section 477.0051(a)(4) or (5), as applicable.
(b) To guarantee the joint obligations of this state and an endorsing municipality or endorsing county under a games support contract and this subtitle, subject to Section 477.0203, the comptroller, at the direction of the office, shall retain the amount of sales and use tax revenue and mixed beverage tax revenue determined under Section 477.0051(a)(2) or (3) from the amounts otherwise required to be sent to the municipality under Section 183.051(b) or 321.502, Tax Code, or to the county under Section 183.051(b) or 323.502, Tax Code. Subject to Sections 477.0104 and 477.0203, the comptroller, at the direction of the office, shall deposit the retained tax revenue to the trust fund for the same calendar quarter as under Subsection (a).
(c) The comptroller shall begin retaining municipal and county sales and use tax revenue and mixed beverage tax revenue with the first distribution of that tax revenue that occurs after the date the office makes the determination under Section 477.0051(a)(2) or (3).
(d) The comptroller shall discontinue retaining municipal and county sales and use tax revenue and mixed beverage tax revenue on the earlier of:
(1) the end of the third calendar month following the month in which the closing event of the games occurs; or
(2) the date the amount of municipal and county sales and use tax revenue and mixed beverage tax revenue in the trust fund equals 14 percent of the maximum amount of municipal, county, and state tax revenue that may be transferred or deposited to the trust fund under Section 477.0104.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.477.htm
- Text hash
- sha256 41247bc3522719a04afc9bc2145a742756c56eb2196097871ce26e071666061a
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
- Tex. Gov't Code § 477.0051DETERMINATION OF INCREMENTAL INCREASE IN CERTAIN TAX RECEIPTS.Printed as Section 477.0051(a)(2) | Section 477.0051(a)(4)
- Tex. Gov't Code § 477.0104LIMITATION ON TRANSFERS AND DEPOSITS TO TRUST FUND.Printed as Section 477.0104 | Sections 477.0104 and 477.0203
- Tex. Gov't Code § 477.0203MUNICIPAL OR COUNTY ELECTION.Printed as Section 477.0203 | Sections 477.0104 and 477.0203
Tax Code
- Tex. Tax Code § 183.051MIXED BEVERAGE TAX CLEARANCE FUND.Printed as Section 183.051(b) or 321.502, Tax Code | Section 183.051(b) or 323.502, Tax Code
- Tex. Tax Code § 321.502DISTRIBUTION OF TRUST FUNDS.Printed as Section 183.051(b) or 321.502, Tax Code
- Tex. Tax Code § 323.502DISTRIBUTION OF TRUST FUNDS.Printed as Section 183.051(b) or 323.502, Tax Code
Cited by 3 provisions
Provisions in this library whose text cites Tex. Gov't Code § 477.0102. Each shows the citation as that text prints it.
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