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TX HB1864
Bill
Status
1/15/2025
Primary Sponsor
Wesley Virdell
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AI Summary
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Exempts new Texas residents from paying the motor vehicle use tax when bringing a vehicle into the state, if they previously purchased that vehicle at retail in Texas and already paid the retail sales tax on the full purchase price
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Amends Section 152.023 of the Tax Code to prevent double taxation on vehicles originally bought in Texas by individuals who later moved away and are now returning as new residents
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Does not apply retroactively; tax liability that accrued before the effective date remains enforceable under former law
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Takes effect September 1, 2025
Legislative Description
Relating to an exemption from the use tax imposed on certain motor vehicles brought into this state by new Texas residents.
Taxation
Last Action
Referred to Ways & Means
3/14/2025