Texas HB135 mandates a comprehensive review of the state's sales and use tax structure.

Texas HB135 requires the comptroller of public accounts to conduct a comprehensive review of the state's sales and use tax structure. The review will include an inventory of all goods and services currently subject to sales and use tax, as well as those currently exempt. It will also identify goods and services not currently taxed that are commonly taxed in other states, growing sectors of the Texas economy, and potential for future tax reform proposals. Additionally, it will analyze the economic and fiscal impact of expanding the sales and use tax base.

Texas HB135 mandates a comprehensive review of the state's sales and use tax structure.

Texas HB135 requires the comptroller of public accounts to conduct a comprehensive review of the state's sales and use tax structure. The review will include an inventory of all goods and services currently subject to sales and use tax, as well as those currently exempt. It will also identify goods and services not currently taxed that are commonly taxed in other states, growing sectors of the Texas economy, and potential for future tax reform proposals. Additionally, it will analyze the economic and fiscal impact of expanding the sales and use tax base.