Texas – House Bill 31 Proposes To Cut State Sales And Use Tax Rate

Salt Report 3626 – On April 22, 2015, The Texas house committee on Ways and Means voted to approve HB 31 which intends to decrease the sales and use tax rate from 6.25% to 5.95%.  The bill is at step 2 of a 7 step process before becoming law.  The next steps for the bill include being voted on by the House, Senate Committee, and Senate, then it needs to be signed by the governor to become law.

Further Information:

HB 31

HB 31 History