Texas § 504.262 PROCEDURES ON EXPIRATION OF TAX.

Texas Statutes

§ 504.262 — PROCEDURES ON EXPIRATION OF TAX.

Texas § 504.262

Code LGLocal Government Code

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Bluebook

Tex. Local Government Code Code Ann. § 504.262 (2026).

Text

Sec. 504.262. PROCEDURES ON EXPIRATION OF TAX.

(a)Before the 60th day before the date that a sales and use tax imposed under this chapter is to expire, the governing body of the authorizing municipality imposing the tax shall send to the comptroller a notice stating the expiration date of the tax.

(b)The state shall forward revenue collected from the imposition of the tax after the tax's expiration date to the governing body of the authorizing municipality to be used to pay current bonded indebtedness of the municipality. SUBCHAPTER G. USE OF TAX PROCEEDS

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Sec. 504.262. PROCEDURES ON EXPIRATION OF TAX. (a) Before the 60th day before the date that a sales and use tax imposed under this chapter is to expire, the governing body of the authorizing municipality imposing the tax shall send to the comptroller a notice stating the expiration date of the tax.
(b) The state shall forward revenue collected from the imposition of the tax after the tax's expiration date to the governing body of the authorizing municipality to be used to pay current bonded indebtedness of the municipality.
SUBCHAPTER G. USE OF TAX PROCEEDS