 |
Texas Statutes (Last Updated: January 4, 2014) |
 |
TAX CODE |
|
Title 2. STATE TAXATION |
|
Subtitle G. GROSS RECEIPTS TAXES |
|
Chapter 183. MIXED BEVERAGE TAX |
|
Subchapter C. MIXED BEVERAGE TAX CLEARANCE |
Sec. 183.051. MIXED BEVERAGE TAX CLEARANCE FUND
-
(a) Not later than the last day of the month following a calendar quarter, the comptroller shall calculate the total amount of taxes received during the quarter from permittees outside an incorporated municipality within each county and the total amount received from permittees within each incorporated municipality in each county.
Text of subsection effective until September 01, 2013
(b) The comptroller shall issue to each county described in Subsection (a) a warrant drawn on the general revenue fund in an amount appropriated by the legislature that may not be greater than 10.7143 percent of receipts from permittees within the county during the quarter and shall issue to each incorporated municipality described in Subsection (a) a warrant drawn on that fund in an amount appropriated by the legislature that may not be greater than 10.7143 percent of receipts from permittees within the incorporated municipality during the quarter.
Text of subsection effective on September 01, 2013
(b) The comptroller shall issue to each county described in Subsection (a) a warrant drawn on the general revenue fund in an amount appropriated by the legislature that may not be less than 10.7143 percent of receipts from permittees within the county during the quarter and shall issue to each incorporated municipality described in Subsection (a) a warrant drawn on that fund in an amount appropriated by the legislature that may not be less than 10.7143 percent of receipts from permittees within the incorporated municipality during the quarter.