Tex. Tax Code § 156.251

This is the official text of Tex. Tax Code § 156.251, part of Texas’s Tax Code — governs state and local taxation.

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§ 156.251. REVENUE DEPOSITED IN GENERAL REVENUE FUND.

Official statutory text

(a) The revenue from the tax imposed by this chapter shall be deposited in the state treasury to the credit of the general revenue fund.

(b), (c) Expired.

(d) An amount equal to the amount of revenue derived from the collection of taxes imposed by this chapter at a rate of one-half of one percent shall be allocated in the general revenue fund to be used for media advertising and other marketing activities of the Tourism Division of the Texas Department of Commerce. Section 403.094(h), Government Code, does not apply to funds described in this section. This subsection takes effect October 1, 1994.

Status: in_force · Read it on the official government site

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