Texas HB3398 amends export documentation requirements for customs brokers to prevent tax evasion.

Texas HB3398 modifies the Texas Tax Code to change the requirements for customs brokers issuing export documentation. The bill mandates that a licensed customs broker or their authorized employee can issue export documentation only if they verify the property's export. This includes watching the property cross the U.S. border, watching it being placed on a common carrier for delivery outside the U.S., or verifying the purchaser is transporting the property to a foreign destination. The documentation must include specific details about the property, the sale, and the foreign destination.

Texas HB3398 amends export documentation requirements for customs brokers to prevent tax evasion.

Texas HB3398 modifies the Texas Tax Code to change the requirements for customs brokers issuing export documentation. The bill mandates that a licensed customs broker or their authorized employee can issue export documentation only if they verify the property's export. This includes watching the property cross the U.S. border, watching it being placed on a common carrier for delivery outside the U.S., or verifying the purchaser is transporting the property to a foreign destination. The documentation must include specific details about the property, the sale, and the foreign destination.