Texas Tax Code 162.5025 – Allocation of Other Unclaimed Refundable Nondedicated Taxes
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(a) The comptroller by rule shall devise a method of determining as accurately as possible the:
(1) number of gallons of fuel that are not used to propel a motor vehicle on the public highways; and
(2) amount of taxes collected under this chapter from fuel that is not used to propel a motor vehicle on the public highways that would have been refunded under this chapter if refund claims had been filed in accordance with this chapter and that is not subject to allocation under § 162.502.
(b) The comptroller shall allocate to the general revenue fund the amount determined under Subsection (a)(2).
Terms Used In Texas Tax Code 162.5025
- Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
- Devise: To gift property by will.
- Rule: includes regulation. See Texas Government Code 311.005
(c) The determination and allocation shall be made periodically as prescribed by rule.