Bill > HB135

This bill requires the Texas Comptroller of Public Accounts to perform a comprehensive review of the state's sales and use tax structure, which will involve creating an extensive inventory of currently taxed and exempt goods and services, comparing Texas's tax structure to other states, and identifying potential new taxable items. The review will specifically examine goods and services not currently taxed that are common in other states, are part of growing economic sectors, or could be included in future tax reform proposals. Additionally, the comptroller must conduct an economic and fiscal impact analysis that explores projected revenue gains, effects on different income groups and regions, potential impacts on small businesses and industries, and potential changes to consumer behavior and the state's economic competitiveness. The comptroller is mandated to submit a written report of these findings to the governor, lieutenant governor, speaker of the house, and legislature by December 1, 2026, with the act taking effect 91 days after the end of the legislative session.

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=891&Bill=HB135