Tex. Tax Code Section 191.122
Allocation of Tax

One-fourth of the revenue collected under this chapter shall be deposited to the credit of the foundation school fund and three-fourths to the credit of the general revenue fund.
Acts 1981, 67th Leg., p. 1725, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1981, 67th Leg., p. 2778, ch. 752, Sec. 9(h), eff. Jan. 1, 1982; Acts 1984, 68th Leg., 2nd C.S., ch. 28, art. II, part B, Sec. 6, eff. Sept. 1, 1984.

Source: Section 191.122 — Allocation of Tax, https://statutes.­capitol.­texas.­gov/Docs/TX/htm/TX.­191.­htm#191.­122 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 191.122’s source at texas​.gov