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Tex. Government Code § 2204.504

PAYMENTS IN LIEU OF TAXES

Texas · Texas Government Code · Status: effective

Taxation
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Tex. Government Code § 2204.504, PAYMENTS IN LIEU OF TAXES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/663103
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The United States must remit an amount equal to one percent of the purchase price of acquired land each year in lieu of taxes to the counties and school districts in which the land is located.