Bill > HB3952

This bill modifies Texas tax law regarding motor vehicle transfers, specifically exempting motor vehicles transferred from a decedent's estate from certain gift taxes. The bill amends the Texas Tax Code to remove language that previously required gift tax to be paid when receiving a motor vehicle from a decedent's estate. It clarifies that taxes will not apply to motor vehicles acquired by a distributee (a person receiving property from an estate) under Section 501.031 of the Transportation Code. The bill also updates filing requirements for joint statements related to vehicle gifts, specifying that such statements must be filed in person by the recipient and requires presentation of an unexpired photo identification document from a list of acceptable forms of ID, such as a driver's license, passport, or military ID. The changes do not affect tax liabilities that accrued before the effective date, which is set for September 1, 2025. The primary purpose of the bill appears to be providing a tax exemption for individuals inheriting motor vehicles through an estate, simplifying the transfer process and reducing financial burden on heirs.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3952