Texas Tax Code

§ 156.2512 — ALLOCATION OF REVENUE TO CERTAIN MUNICIPALITIES

TX § 156.2512Title 2. STATE TAXATION · Part E. SALES, EXCISE, AND USE TAXES · Ch. 156. HOTEL OCCUPANCY TAX · Art. F. DISPOSITION OF REVENUE

Statute text

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(a)Not later than the last day of the month following a calendar quarter and subject to Subsection (d), the comptroller shall:

(1)compute the amount of revenue, excluding revenue described by Subsection (e), derived from the collection of taxes imposed under this chapter at a rate of two percent and received from hotels located in an eligible barrier island coastal municipality; and

(2)issue to the municipality a warrant drawn on the general revenue fund for that amount.

(b)An eligible barrier island coastal municipality may use money received under this section only:

(1)to clean and maintain public beaches in that municipality;

(2)for an erosion response project in that municipality; and

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Legislative history

Acts 2007, 80th Leg., R.S., Ch. 1192 (H.B. 1009), Sec. 1, eff. June 15, 2007. Acts 2009, 81st Leg., R.S., Ch. 667 (H.B. 2276), Sec. 1, eff. July 1, 2009. Acts 2013, 83rd Leg., R.S., Ch. 702 (H.B. 3042), Sec. 1, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 702 (H.B. 3042), Sec. 2, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 702 (H.B. 3042), Sec. 3, eff. September 1, 2013. Acts 2015, 84th Leg., R.S., Ch. 971 (H.B. 1915), Sec. 1, eff. October 1, 2015. Acts 2023, 88th Leg., R.S., Ch. 644 (H.B. 4559), Sec. 221, eff. September 1, 2023.