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Tex. Tax Code § 201.404

ALLOCATION OF REVENUE

Texas · Texas Tax Code · Status: effective

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Tex. Tax Code § 201.404, ALLOCATION OF REVENUE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/575796
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After deducting the amount required to be deposited by Section 201.403 of this code, the comptroller shall deposit one-fourth of the revenue collected from the tax imposed by this chapter to the credit of the foundation school fund and three-fourths to the general revenue fund.