12.005 – FUNDS IN LIEU OF TAXES. (a) The department shall
Texas Parks and Wildlife Code § 12.005
Summary
This law mandates the allocation of funds to counties and school districts as compensation for lost property tax revenue from wildlife management areas funded by federal grants. It ensures that local governments receive financial support without using general revenue funds, while allowing for special funds to be utilized if matched by federal contributions.
Provides funds to local governments for wildlife management areas.
No general revenue funds can be used for this purpose.
Special funds may be used if matched by federal government.
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In simple terms: Learn about Texas's FUNDS IN LIEU OF TAXES. (a) The department shall law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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