§ 323.501 Trust Account
§ 323.502 Distribution of Trust Funds
§ 323.503 State’s Share
§ 323.504 Amounts Retained in Trust Account
§ 323.5041 Interest On Tax Revenue
§ 323.505 Use of Tax Revenue
§ 323.510 Reallocation of County or Local Governmental Entity Tax Revenue
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Terms Used In Texas Tax Code Chapter 323 > Subchapter F - Revenue Deposit, Distribution, and Use

  • Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Month: means a calendar month. See Texas Government Code 312.011
  • Property: means real and personal property. See Texas Government Code 311.005
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Year: means 12 consecutive months. See Texas Government Code 311.005