Sec. 162.504. ALLOCATION OF DIESEL FUEL TAX. (a) On or before the fifth workday after the end of each month, the comptroller, after making deductions for refund purposes, for the administration and enforcement of this chapter, and for the amounts allocated under Section 162.5025, shall allocate the remainder of the taxes collected under Subchapter C as follows:
(1) one-fourth of the taxes shall be deposited to the credit of the available school fund; and
(2) three-fourths of the taxes shall be deposited to the credit of the state highway fund.
(b) Repealed by Acts 2013, 83rd Leg., R.S., Ch. 431, Sec. 3(6), eff. June 14, 2013.
Added by Acts 2003, 78th Leg., ch. 199, Sec. 1, eff. Jan. 1, 2004.
Amended by:
Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 9.04, eff. October 1, 2011.
Acts 2013, 83rd Leg., R.S., Ch. 431 (S.B. 559), Sec. 3(6), eff. June 14, 2013.
Structure Texas Statutes
Subtitle E - Sales, Excise, and Use Taxes
Chapter 162 - Motor Fuel Taxes
Subchapter F. Allocation of Taxes
Section 162.501. Tax Administration Fund
Section 162.502. Allocation of Unclaimed Refundable Gasoline Taxes
Section 162.5025. Allocation of Other Unclaimed Refundable Nondedicated Taxes
Section 162.503. Allocation of Gasoline Tax
Section 162.504. Allocation of Diesel Fuel Tax
Section 162.5045. Allocation of Taxes Paid on Undyed Diesel Fuel Used Off-Highway
Section 162.506. Allocation of Compressed Natural Gas and Liquefied Natural Gas Tax