In the rush of legislation filed before last week’s deadline, you wouldn’t be the only person who missed the measure proposing a 6.26 percent state sales tax rate. No reason you should have seen it or made note of it.
For one thing, it’s a teensy tax increase, at least on paper — at least for now. The state’s current sales tax rate is 6.25 percent, and local governments can add 2 cents on top of that rate. The increase to 6.26 percent is a placeholder in a proposed constitutional amendment — a place to put the real number when it’s available.
That number is in the possession of House Public Education Committee Chair Dan Huberty, R-Houston, who is talking to legislators about raising the state sales tax by a penny, to 7.25 percent (the new tax rate he’s waiting to propose), and pouring the money into public education. It wouldn’t be for new spending, but it would increase state spending enough to significantly lower local property taxes — the driving political force behind the state’s current legislative push for school finance reform.
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by ross ramsey/the texas tribune
march 17, 2019