Texas House Bill HB411

Texas 2009 - 81st Regular

• Filed: 12/15/08

Caption

Relating to motor vehicle sales and use taxes.

Impact

The enactment of HB 411 would streamline the tax collection process related to motor vehicle sales in Texas. By removing the standard presumptive values that previously guided tax assessments, the legislation could lead to more localized and varied tax assessments based on current market conditions rather than a standardized value. This change is poised to reduce confusion and potential disputes surrounding vehicle valuations for tax purposes, thereby facilitating a more straightforward process for both tax collectors and vehicle owners.

Summary

House Bill 411 addresses the laws surrounding motor vehicle sales and use taxes in Texas. Specifically, the bill amends Section 152.041(a) of the Tax Code to clarify the responsibilities of the county tax assessor-collector regarding the collection of taxes. The bill also repeals several sections, including Section 152.0412 that establishes standard presumptive values for motor vehicles, indicating a significant shift in how these taxes may be assessed and collected going forward.

Contention

Notable points of contention surrounding HB 411 revolve around the implications of repealing the standard presumptive values. Critics may argue that such a move could create inconsistencies in how tax assessments are made across different counties, leading to inequities and regulatory challenges. Proponents, however, may contend that by allowing counties to determine valuations based on current market conditions, the bill promotes fairness and accuracy in tax collection, thus ensuring that taxpayers are not overburdened by outdated valuation standards.