Tex. Gov't Code Section 480.0155
State Tax Revenue

(a)

The comptroller, at the direction of the office, shall transfer to the events trust fund a portion of the state tax revenue in an amount equal to 6.25 multiplied by the amount of the municipal and county tax revenue retained or remitted under this chapter, including:

(1)

local sales and use tax revenue;

(2)

mixed beverage tax revenue;

(3)

hotel occupancy tax revenue; and

(4)

surcharge and user fee revenue.

(b)

The amount transferred under Subsection (a) may not exceed the incremental increase in tax receipts determined under Section 480.0102 (Determination of Incremental Increase in Certain Tax Receipts)(a)(1).
Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.

Source: Section 480.0155 — State Tax Revenue, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­480.­htm#480.­0155 (accessed May 26, 2025).

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Verified:
May 26, 2025

§ 480.0155. State Tax Revenue's source at texas​.gov