Bill Status of HB4494 100th General Assembly
Short Description: USE/OCC TX-SCHOOL SUPPLIES
Rep. Luis Arroyo - Elizabeth Hernandez and Linda Chapa LaVia
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that, from August 5, 2018 through August 11, 2018, the tax imposed under the Acts on clothing and school supplies shall be at the rate of 1.25% (instead of 6.25%). Makes changes concerning the distribution of proceeds from those sales. Makes corresponding changes in the State Finance Act. Effective immediately.