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TX HB4968
Bill
Status
3/13/2025
Primary Sponsor
Nate Schatzline
Click for details
AI Summary
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Applies only to counties with a population of 2.1 million or more that contain at least two municipalities each with a population of 350,000 or more (currently only Harris County meets these criteria)
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Authorizes qualifying counties to adopt a 1% sales and use tax through a county election, with revenue used to reduce county property tax rates
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The sales tax rate imposed under this chapter would not count toward the combined local sales tax rate cap, allowing it to be added on top of existing local sales taxes
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Tax adoption or abolition takes effect on January 1 at least six months after the comptroller receives election results; commissioners court has authority to order the election
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Takes effect September 1, 2025, with property tax-related provisions applying to tax years beginning January 1, 2026 or later
Legislative Description
Relating to the substitution of a county sales and use tax for all or a portion of property taxes imposed by certain counties; authorizing the imposition of a tax.
Taxation
Last Action
Referred to Ways & Means
4/3/2025