Tex. Tax Code § 321.506: USE OF TAX REVENUE BY MUNICIPALITY.
Where this section sits in the code
- TAX CODE
- TITLE 3. LOCAL TAXATION
- SUBTITLE C. LOCAL SALES AND USE TAXES
- CHAPTER 321. MUNICIPAL SALES AND USE TAX ACT
- SUBCHAPTER F. REVENUE DEPOSIT, DISTRIBUTION, AND USE
Except as provided by Section 321.507, the money received by a municipality under this chapter is for the use and benefit of the municipality and may be used for any purpose for which the general funds of the municipality may be used, except that a municipality may not pledge the revenue received under this chapter to the payment of bonds or other indebtedness.
Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.
Collected 2026-08-27T01:47:41Z. Source file · JSON