Texas § 152.1222 ALLOCATION OF CERTAIN TAX REVENUE TO PROPERTY TAX RELIEF FUND.

Texas Statutes

§ 152.1222 — ALLOCATION OF CERTAIN TAX REVENUE TO PROPERTY TAX RELIEF FUND.

Texas § 152.1222

Code TXTax Code

This text of Texas § 152.1222 (ALLOCATION OF CERTAIN TAX REVENUE TO PROPERTY TAX RELIEF FUND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Tax Code Code Ann. § 152.1222 (2026).

Text

Sec. 152.1222. ALLOCATION OF CERTAIN TAX REVENUE TO PROPERTY TAX RELIEF FUND.

(a)Notwithstanding Section 152.122 , the comptroller shall deposit to the credit of the property tax relief fund under Section 403.109 , Government Code, the amount of money received under Section 152.121 that is estimated to have been derived from the computation of the tax imposed by this chapter on the standard presumptive values of motor vehicles or on percentages of those values as provided by Section 152.0412 .

(b)The comptroller shall determine the amount described by Subsection (a) using available statistical data. If satisfactory data are not available, the comptroller may require county tax assessor-collectors to report additional information to the comptroller as necessary to make the allocation requ

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Sec. 152.1222. ALLOCATION OF CERTAIN TAX REVENUE TO PROPERTY TAX RELIEF FUND. (a) Notwithstanding Section 152.122 , the comptroller shall deposit to the credit of the property tax relief fund under Section 403.109 , Government Code, the amount of money received under Section 152.121 that is estimated to have been derived from the computation of the tax imposed by this chapter on the standard presumptive values of motor vehicles or on percentages of those values as provided by Section 152.0412 .
(b) The comptroller shall determine the amount described by Subsection (a) using available statistical data. If satisfactory data are not available, the comptroller may require county tax assessor-collectors to report additional information to the comptroller as necessary to make the allocation required by Subsection (a).