Tex. Gov't Code § 477.0103 · Subchapter C. TRUST FUND ESTABLISHMENT, CONTRIBUTION, AND LIMITATION
STATE TAX REVENUE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) At the time the comptroller deposits to the trust fund the municipal and county tax revenue under Section 477.0102(b), the comptroller shall transfer to the trust fund the state tax revenue determined under Section 477.0051(a)(1) for the quarter.
(b) The comptroller shall discontinue transferring the amount of state tax revenue determined under Section 477.0051(a)(1) 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 state revenue in the trust fund equals 86 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 ceb5f5ae390ef7ebba50dfab1ef96b89c160212582ac8327a15dfce326884e50
- 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)(1)
- Tex. Gov't Code § 477.0102DEPOSIT OF MUNICIPAL AND COUNTY TAX REVENUE.Printed as Section 477.0102(b)
- Tex. Gov't Code § 477.0104LIMITATION ON TRANSFERS AND DEPOSITS TO TRUST FUND.Printed as Section 477.0104
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.