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TX HB3437
Bill
Status
Introduced
2/26/2025
Primary Sponsor
Trey Martinez Fischer
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AI Summary
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Reduces the Texas state sales and use tax rate from 6.25% to 5.25%, a decrease of one percentage point
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Amends Section 151.051(b) of the Tax Code to implement the new lower rate
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Tax liability that accrued before the effective date remains subject to the former 6.25% rate for collection and enforcement purposes
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Takes effect October 1, 2025
Legislative Description
Relating to decreasing the state sales and use tax rate.
Taxation
Last Action
Referred to Ways & Means
3/21/2025
Committee Referrals
Ways & Means3/21/2025
Full Bill Text
No bill text available