Sec. 323.501. TRUST ACCOUNT. (a) The comptroller shall deposit the taxes collected by the comptroller under this chapter in trust in the separate suspense account of the county from which the taxes were collected.
(b) Repealed by Acts 2003, 78th Leg., ch. 285, Sec. 31(45).
(c) Repealed by Acts 2003, 78th Leg., ch. 285, Sec. 31(45).
(d) Repealed by Acts 2003, 78th Leg., ch. 285, Sec. 31(45).
Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 19.126, eff. Sept. 1, 1997; Acts 2003, 78th Leg., ch. 285, Sec. 31(45), eff. Sept. 1, 2003.
Structure Texas Statutes
Subtitle C - Local Sales and Use Taxes
Chapter 323 - County Sales and Use Tax Act
Subchapter F. Revenue Deposit, Distribution, and Use
Section 323.501. Trust Account
Section 323.502. Distribution of Trust Funds
Section 323.503. State's Share
Section 323.504. Amounts Retained in Trust Account
Section 323.5041. Interest on Tax Revenue
Section 323.505. Use of Tax Revenue
Section 323.510. Reallocation of County or Local Governmental Entity Tax Revenue