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Transfer Object Codes - Allocations from Fund 0001 to State Highway Fund 0006 (Sales and Use tax) |
| Legal Citations: |
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| Issue Date: 2017-09-12 |
| Revised Date: 2019-12-11 |
| Out | In | For |
|---|---|---|
| 7925 | 3925 | State Highway Fund (0006) Sales Tax Transfer from Fund 0001 |
Allocation of $2.5 billion in sales and use tax from Fund 0001 to Fund 0006 each fiscal year beginning fiscal 2018. This amount is allocated from revenue above the first $28 billion in sales tax deposited to General Revenue.
Allocation to the State Highway Fund (0006) proposed by S.J.R. 5, 84th Leg., R.S. and adopted by voters November 3, 2015.