Bill Text: TX HB4621 | 2019-2020 | 86th Legislature | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to the state sales tax rate and the use of certain revenue from state sales and use taxes to reduce school district maintenance and operations ad valorem tax rates; increasing the rate of a tax.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2019-05-07 - Postponed 1/12/21 12:00 PM [HB4621 Detail]

Download: Texas-2019-HB4621-Introduced.html

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By: Huberty H.B. No. 4621

A BILL TO BE ENTITLED
AN ACT
relating to the imposition of sales and use taxes and the allocation
of certain revenue from sales and use taxes to school district
property tax relief and public education; authorizing the
imposition of a tax.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 151.051(b), Tax Code, is amended to read
as follow:
(b) The sales tax rate is 6.26 [6-1/4] percent of the sales
price of the taxable item sold.
SECTION 2. Subchapter M, Chapter 151, Tax Code, is amended
by adding Section 151.802 to read as follows:
Sec. 151.802. ALLOCATION OF CERTAIN REVENUE TO PROPERTY TAX
RELIEF FUND. Notwithstanding Section 151.801, all proceeds from
the collection of taxes imposed by this chapter attributable to the
portion of the tax rate in excess of 6.26 percent shall be deposited
to the credit of the property tax relief fund under Section 403.109,
Government Code.
SECTION 3. The change in law made by this Act does not
affec
t tax liability accruing before the effective date of this
Act. That liability continues in effect as if this Act had not been
enacted, and the former law is continued in effect for the
collection of taxes due and for civil and criminal enforcement of
the liability for those taxes.
SECTION 4. This Act takes effect January 1, 2020, but only
if the constitutional amendment proposed by the 86th legislature,
Regular Session, 2019, providing funding for the cost of
maintaining and operating the public school system and to reduce
school district ad valorem tax rates through an increase in the
state sales and use tax rate is approved by the voters. If that
proposed constitutional amendment is not approved by the voters,
this Act has no effect.