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Bill > HB4602


TX HB4602

TX HB4602
Relating to the collection, remittance, and administration of certain taxes on motor vehicles rented through a marketplace rental provider; imposing a penalty.


summary

Introduced
03/09/2023
In Committee
04/27/2023
Crossed Over
Passed
Dead
05/29/2023

Introduced Session

88th Legislature Regular Session

Bill Summary

Relating to the collection, remittance, and administration of certain taxes on motor vehicles rented through a marketplace rental provider; imposing a penalty.

AI Summary

This bill amends the Local Government Code and Tax Code to require marketplace rental providers, such as online platforms that facilitate the rental of motor vehicles, to collect, report, and pay certain taxes on behalf of the vehicle owners. The bill also provides options for vehicle owners to directly report and pay these taxes if they choose. Additionally, the bill imposes penalties for failure to file required reports and maintain records. The bill applies to rental agreements entered into on or after October 1, 2023.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Placed on General State Calendar (on 05/10/2023)

Bill Topics

Government Operations
  • ‐ Tax Administration and Collection of Revenue
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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