Sec. 323.5041. INTEREST ON TAX REVENUE. Interest earned on all deposits made with the comptroller under this chapter, including interest earned from the suspense accounts retained under Section 323.504, shall be credited to the general revenue fund.
Added by Acts 1989, 71st Leg., ch. 2, Sec. 14.18(a), eff. Aug. 28, 1989. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 19.127, eff. Sept. 1, 1997.
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