Texas Special District Local Laws Code § 3838.255 Sales And Use Tax Rate

Sec. 3838.255. SALES AND USE TAX RATE. (a) On adoption of the tax authorized by this subchapter, there is imposed a tax of one-half of one percent on the receipts from the sale at retail of taxable items within the district, and an excise tax on the use, storage, or other consumption within the district of taxable items purchased, leased, or rented from a retailer within the district during the period that the tax is in effect.

(b) The rate of the excise tax is the same as the rate of the sales tax portion of the tax and is applied to the sales price of the taxable item.

Added by Acts 2005, 79th Leg., Ch. 444 (S.B. 1813), Sec. 1, eff. June 17, 2005.

Section: Previous  3838.201  3838.202  3838.203  3838.204  3838.205  3838.206  3838.207  3838.208  3838.209  3838.210  3838.211  3838.251  3838.252  3838.253  3838.254

Last modified: September 28, 2016