-The comptroller of public accounts is elected to a four-year term. She's responsible for tax collection, accounting, and estimating revenue for the state, and acts as custodian of state funds and investments.
-Texas operates under a balanced budget requirement, or pay-as-you-go principle. This means that by law the state legislature cannot adopt a budget that exceeds anticipated revenue—in other words, the legislature is formally forbidden from spending more than it collects.
-Overriding the comptroller requires a nearly impossible four-fifths majority in both houses of the legislature.
-Collecting taxes imposed by the state (e.g., sales tax, motor fuel tax, inheritance tax)
-Facilitating payment of those taxes by providing forms, schedules, and other taxpayer assistance
-Returning abandoned money and property (search on the comptroller's site to see if you or someone you know has unclaimed property)
-At this point, the state banking responsibilities that had belonged to the treasurer were added to the comptroller's tax and revenue duties.
11th EditionMichael D. Reisig, Todd R. Clear 9th EditionChristina Dejong, Christopher E. Smith, George F Cole 16th EditionGeorge C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry