Have a question?
Click here to chat with a lawyer about your rights.

Terms Used In Texas Tax Code 156.2513

Not later than the last day of the month following a calendar quarter, the comptroller shall:
(1) compute the amount of revenue, excluding penalties and interest and amounts paid under protest, derived from the collection of taxes imposed by this chapter that resulted from documentation or other information described by § 351.008 or 352.008; and
(2) issue a warrant drawn on the general revenue fund in the amount of 20 percent of the revenue computed under Subdivision (1) to the municipality or county that provided the documentation or other information.