LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 5, 2021 TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4072 by Meyer (Relating to the location at which certain sales are consummated for purposes of local sales and use taxes.), As Introduced No fiscal implication to the State is anticipated. The bill would amend and repeal certain provisions of the Tax Code and the Special District Local Laws Code concerning municipal and county sales and use tax sourcing.The bill would amend and repeal certain provisions of Sections 321.203 and 323.203 of the Tax Code and repeal Sections 3853.202(d) of the Special District Local Laws Code to provide that, for purposes of local sales and use taxes, all sales of taxable items are consummated at the location in Texas to which the item is shipped or delivered or where the purchaser takes possession.The bill would not affect state sales and use tax law and therefore would have no fiscal impact on the state.The bill would take effect October 1, 2021. The bill's changes in law would not affect tax liability accruing before October 1, 2021. Local Government ImpactThe bill would change the distribution of local sales and use tax allocated to local taxing jurisdictions. Source Agencies: b > td > 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, KK, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 5, 2021
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4072 by Meyer (Relating to the location at which certain sales are consummated for purposes of local sales and use taxes.), As Introduced
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4072 by Meyer (Relating to the location at which certain sales are consummated for purposes of local sales and use taxes.), As Introduced
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4072 by Meyer (Relating to the location at which certain sales are consummated for purposes of local sales and use taxes.), As Introduced
HB4072 by Meyer (Relating to the location at which certain sales are consummated for purposes of local sales and use taxes.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend and repeal certain provisions of the Tax Code and the Special District Local Laws Code concerning municipal and county sales and use tax sourcing.The bill would amend and repeal certain provisions of Sections 321.203 and 323.203 of the Tax Code and repeal Sections 3853.202(d) of the Special District Local Laws Code to provide that, for purposes of local sales and use taxes, all sales of taxable items are consummated at the location in Texas to which the item is shipped or delivered or where the purchaser takes possession.The bill would not affect state sales and use tax law and therefore would have no fiscal impact on the state.The bill would take effect October 1, 2021. The bill's changes in law would not affect tax liability accruing before October 1, 2021.
The bill would not affect state sales and use tax law and therefore would have no fiscal impact on the state.The bill would take effect October 1, 2021. The bill's changes in law would not affect tax liability accruing before October 1, 2021.
Local Government Impact
The bill would change the distribution of local sales and use tax allocated to local taxing jurisdictions.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, KK, SD
JMc, KK, SD