TX HB2162

Expands the "occasional sale" exemption from sales and use taxes for private firearm sales by allowing individuals to use auctioneers to sell firearms (while still prohibiting brokers or factors, other than online auctions)

Increases the annual receipt threshold for tax-exempt occasional sales of firearms to $6,000, compared to the $3,000 limit for other tangible personal property

Defines "firearm" using the federal definition under 18 U.S.C. Section 921(a)(3)

Applies only to sales occurring after the effective date; tax liability accrued before that date remains subject to prior law

Takes effect immediately with a two-thirds vote of both legislative chambers, otherwise becomes effective September 1, 2025