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TX HB1252
Bill
Status
Introduced
11/12/2024
Primary Sponsor
Trey Martinez Fischer
Click for details
AI Summary
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Exempts the first $100 of any purchase of $100 or more from the state sales tax of 6.25%
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Applies only to purchases meeting the $100 threshold; purchases under $100 would remain fully taxable at the standard rate
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Amends Section 151.051 of the Texas Tax Code by adding a new subsection (c)
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Takes effect September 1, 2025
Legislative Description
Relating to an exemption from sales and use taxes for purchases up to a certain amount.
Taxation
Last Action
Referred to Ways & Means
3/10/2025
Committee Referrals
Ways & Means3/10/2025
Full Bill Text
No bill text available