Texas SB2412 exempts sales and use taxes for firearms, ammunition, and related items during a specified period.

SB2412, known as the Come and Take It Sales Tax Holiday Act, amends the Texas Tax Code to exempt sales and use taxes for firearms, ammunition, and firearm accessories during a limited period. This exemption applies to the sale, storage, use, or consumption of these items if it occurs during the period specified in Section 151.326(a)(2). The Act does not affect tax liabilities that accrued before its effective date, which is set for September 1, 2025.

Texas SB2412 exempts sales and use taxes for firearms, ammunition, and related items during a specified period.

SB2412, known as the Come and Take It Sales Tax Holiday Act, amends the Texas Tax Code to exempt sales and use taxes for firearms, ammunition, and firearm accessories during a limited period. This exemption applies to the sale, storage, use, or consumption of these items if it occurs during the period specified in Section 151.326(a)(2). The Act does not affect tax liabilities that accrued before its effective date, which is set for September 1, 2025.