Loading chat...
TX HB2825
Bill
Status
2/13/2025
Primary Sponsor
Tom Craddick
Click for details
AI Summary
-
Reduces the state sales and use tax rate from the standard rate to 4% on tangible personal property purchased by cable television, Internet access, or telecommunications service providers when directly used to distribute or provide those services, effective January 1, 2028
-
Applies the reduced tax rate to providers and their subsidiaries for equipment used in cable television distribution, Internet access provision, or transmission/reception of telecommunications services
-
Excludes property used for data processing services or information services from the reduced tax rate, and does not affect local taxes under Subtitle C, Title 3
-
Repeals existing Section 151.3186 of the Tax Code, with a transition provision protecting refund claims filed by March 31, 2027, for entitlements arising before the effective date
-
Requires the comptroller to adopt rules for implementation, including procedures for partial refunds when taxes were collected at the higher standard rate instead of the 4% rate
Legislative Description
Relating to sales and use tax rates and refunds for certain tangible personal property used to provide cable television services, Internet access services, or telecommunications services; reducing the rate of the state sales and use tax applicable to certain taxable items.
Property Interests
Last Action
Committee report sent to Calendars
5/14/2025