Electronic Payment Information
All companies who remit royalties to the University may make electronic payments.
Those companies who remit $20,000 or more annually in royalties to the University
are required to submit these royalty payments electronically. Those companies who
remit electronic payments to the University System on a voluntary basis may also
voluntarily file their reports electronically. For more information on electronic
reporting please see our Electronic Reporting
Electronic payments are made using the
Texas Comptrollers TEXNET System. In order to access this system, a payor
must complete and return to the Texas Comptroller
a University of Texas System Payor
Payments made through the TEXNET System may be paid by either an ACH Debit or an
ACH Credit with Addenda (Refer to
Electronic Funds Transfer of TEXNET and TEXNET Instruction Booklet).
There are different requirements for electronic payments for the University System
and the Texas Comptroller: the Payor Information
Form and the TEXNET
(* A PDF reader is required to view the following documents. If you don't have a
PDF reader, download a free version of Adobe® Reader® to view the
documents listed below in PDF format. )
- The TEXNET Instruction Booklet
contains general information on the TEXNET System but is specific to the Texas Comptroller
- The Payor Information Form below
must be used for all University of Texas System electronic funds transfers.