Sec. 480.0155. STATE TAX REVENUE. (a) The comptroller, at the direction of the office, shall transfer to the events trust fund a portion of the state tax revenue in an amount equal to 6.25 multiplied by the amount of the municipal and county tax revenue retained or remitted under this chapter, including: (1) local sales and use tax revenue; (2) mixed beverage tax revenue; (3) hotel occupancy tax revenue; and (4) surcharge and user fee revenue. (b) The amount transferred under Subsection (a) may not exceed the incremental increase in tax receipts determined under Section 480.0102 (a)(1).
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