Texas Comptroller of Public Accounts
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Transfer Object Codes - Allocations from Fund 0001 to State Highway Fund 0006 (Motor Vehicle Tax) |
| Legal Citations: |
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| Issue Date: 2019-09-01 |
| Revised Date: |
| Out | In | For |
|---|---|---|
| 7928 | 3928 | State Highway Fund (0006) Motor Vehicle Taxes Transfer from Fund 0001 to Fund 0006 |
Beginning September 1, 2019 through August 31, 2029, 35% of all motor vehicle sales taxes (revenue objects 3004, 3005, 3016) above the first $5 billion collected each fiscal year are allocated to the State Highway Fund (0006).
Allocation to the State Highway Fund (0006) proposed by S.J.R. 5, 84th Leg., R.S. and adopted by voters November 3, 2015.