{"data":{"id":"us-tx/tex.-tax-code-201.404","jurisdiction":"us-tx","citation":"Tex. Tax Code § 201.404","heading":"ALLOCATION OF REVENUE.","body":"After deducting the amount required to be deposited by Section 201.403 of this code, the comptroller shall deposit one-fourth of the revenue collected from the tax imposed by this chapter to the credit of the foundation school fund and three-fourths to the general revenue fund.\nActs 1981, 67th Leg., p. 1734, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1981, 67th Leg., p. 2778, ch. 752, Sec. 9(h), eff. Jan. 1, 1982; Acts 1984, 68th Leg., 2nd C.S., ch. 28, art. II, part B, Sec. 7, eff. Sept. 1, 1984.","path":["TAX CODE","TITLE 2. STATE TAXATION","SUBTITLE I. SEVERANCE TAXES","CHAPTER 201. GAS PRODUCTION TAX","SUBCHAPTER I. CLASSIFICATION OF TAX AND ALLOCATION OF REVENUE"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.201.htm#201.404","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"f54f2c912afe0687daa52f02060bbd21a42d5e5c4e7a5b3e3a5d8f6373eca820","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-201.403","next":"us-tx/tex.-tax-code-202.001"},"notice":"GroundRules: Original legal text. Not legal advice."}
