Texas Tax Code 152.1222 – Allocation of Certain Tax Revenue to Property Tax Relief Fund
Current as of: 2024 | Check for updates
|
Other versions
(a) Notwithstanding § 152.122, the comptroller shall deposit to the credit of the property tax relief fund under § 403.109, Government Code, the amount of money received under § 152.121 that is estimated to have been derived from the computation of the tax imposed by this chapter on the standard presumptive values of motor vehicles or on percentages of those values as provided by § 152.0412.
(b) The comptroller shall determine the amount described by Subsection (a) using available statistical data. If satisfactory data are not available, the comptroller may require county tax assessor-collectors to report additional information to the comptroller as necessary to make the allocation required by Subsection (a).
Terms Used In Texas Tax Code 152.1222
- Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
- Property: means real and personal property. See Texas Government Code 311.005