Tex. Tax Code § 151.423 · Subchapter I. REPORTS, PAYMENTS, AND METHODS OF REPORTING
REIMBURSEMENT TO TAXPAYER FOR TAX COLLECTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A taxpayer may deduct and withhold one-half of one percent of the amount of taxes due from the taxpayer on a timely return as reimbursement for the cost of collecting the taxes imposed by this chapter. The comptroller shall provide a card with each form distributed for the collection of taxes under this chapter. The card may be inserted by the taxpayer with the tax payment to provide for contribution of all or part of the reimbursement provided by this section for use as grants under Subchapter M, Chapter 56, Education Code. If the taxpayer chooses to contribute the reimbursement for the grants, the taxpayer shall include the amount of the reimbursement contribution with the tax payment. The comptroller shall transfer money contributed under this section for grants under Subchapter M, Chapter 56, Education Code, to the appropriate fund.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1574, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1983, 68th Leg., p. 1364, ch. 281, Sec. 4, eff. Oct. 1, 1983; Acts 1985, 69th Leg., ch. 708, Sec. 18, eff. Aug. 26, 1985; Acts 1987, 70th Leg., 2nd C.S., ch. 5, art. 1, pt. 4, Sec. 32; Acts 1999, 76th Leg., ch. 1590, Sec. 4, eff. June 19, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.151.htm
- Text hash
- sha256 92d0a6b1db9b620da6ecca37ba29200fdfcdc75b03f612128813ec3297862ea5
- 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.
Cited by 6 provisions
Provisions in this library whose text cites Tex. Tax Code § 151.423. Each shows the citation as that text prints it.
Tax Code
- Tex. Tax Code § 151.419APPLICATION FOR DIRECT PAYMENT PERMITS: QUALIFICATIONS.Printed as Section 151.423
- Tex. Tax Code § 151.424DISCOUNT FOR PREPAYMENTS.Printed as Section 151.423
- Tex. Tax Code § 151.425FORFEITURE OF DISCOUNT OR REIMBURSEMENT.Printed as Section 151.423
- Tex. Tax Code § 151.428INTEREST CHARGED BY RETAILER ON AMOUNTS OF TAXES FINANCED.Printed as Sections 151.423 and 151.424
- Tex. Tax Code § 152.047COLLECTION OF TAX ON SELLER-FINANCED SALE.Printed as Sections 151.401, 151.402, 151.405, 151.406, 151.409, 151.423, 151.424, and 151.425
- Tex. Tax Code § 183.043APPLICABILITY OF OTHER LAW.Printed as Sections 151.027(a), 151.423, and 151.424
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.