Tex. Educ. Code Section 47.006
Deposit of Money Based on Certain Sales and Use Tax Collections

(a)

The comptroller shall deposit to the credit of the fund on or before the fifth business day after the end of each month an amount of general revenue equal to the amount of state sales and use tax revenue collected by marketplace providers on sales of taxable items made through the marketplace under Section 151.0242 (Marketplace Providers and Marketplace Sellers), Tax Code, and remitted to this state during the preceding month, less any amount of that revenue the comptroller estimates would have been collected and remitted if Section 151.0242 (Marketplace Providers and Marketplace Sellers) were not law.

(b)

Money deposited to the fund under this section may be appropriated from the fund only for the purpose described by Section 47.003 (Uses of Fund)(2).
Added by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.010, eff. January 1, 2020.

Source: Section 47.006 — Deposit of Money Based on Certain Sales and Use Tax Collections, https://statutes.­capitol.­texas.­gov/Docs/ED/htm/ED.­47.­htm#47.­006 (accessed May 26, 2025).

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May 26, 2025

§ 47.006. Deposit of Money Based on Certain Sales & Use Tax Collections's source at texas​.gov