Texas 2023 - 88th Regular

Texas House Bill HB3206

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the maximum allowable cost of certain items eligible for a sales and use tax exemption for a limited period.

Summary

House Bill 3206, introduced by Representative Darby, aims to amend the Texas Tax Code regarding the maximum allowable cost of certain items eligible for a sales and use tax exemption for a limited period. The primary objective of this bill is to enhance public readiness for emergencies by expanding the scope of tax-exempt items that can be purchased during designated disaster preparedness periods. The bill raises the allowable sales price for certain emergency preparation items, ensuring that individuals and families can acquire necessary goods to equip themselves against potential disasters, such as storms or power outages. Under the provisions of HB3206, the sales price cap for portable generators is raised from $3,000 to $10,000, significantly increasing accessibility for households and businesses looking to invest in backup power solutions. Additionally, the bill enumerates several items, such as storm protection devices, first aid kits, and batteries, which will also benefit from tax exemptions, making these critical resources more affordable during emergency seasons. The impact of this legislation is expected to be notably positive for residents in Texas, especially in regions frequently affected by adverse weather conditions. Supporters of the bill argue that by reducing tax burdens on essential preparedness items, the state encourages proactive measures among citizens to safeguard their families and properties. Enhanced accessibility to these items could lead to improved overall public safety and resilience in the face of emergencies. While the general sentiment towards HB3206 appears favorable, some points of contention may arise concerning the total fiscal implications of expanding tax exemptions. Critics may express concerns about the potential reduction in state revenue that results from extended tax holidays, questioning whether such measures adequately balance immediate benefits against long-term economic considerations. Nonetheless, the bill highlights a legislative focus on fortifying public safety through increased consumer readiness for natural disasters.

Texas Constitutional Statutes Affected

Tax Code

  • Chapter 151. Limited Sales, Excise, And Use Tax
    • Section: 3565

Companion Bills

TX SB1833

Identical Relating to the maximum allowable cost of certain items eligible for a sales and use tax exemption for a limited period.

Similar Bills

No similar bills found.