Tex. Insurance Code § 227.001
This is the official text of Tex. Insurance Code § 227.001, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 227.001. DISPOSITION OF TAX PROCEEDS.
Official statutory text
(a) The proceeds of the taxes imposed under Chapter 221, 222, 224, or 226 shall be deposited to the credit of the general revenue fund.
(b) An amount equal to one-fourth of the proceeds deposited under Subsection (a) shall be transferred to the credit of the foundation school fund.
(b) An amount equal to one-fourth of the proceeds deposited under Subsection (a) shall be transferred to the credit of the foundation school fund.
Status: in_force · Read it on the official government site
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