Legislative Interim Charges on Tax Incentives & Sourcing by Kyle Kasner
Published: Sat, 03/12/22
We recommend that all Texas sales tax jurisdictions take interest and become involved in several of the House Ways & Means Committee charges, since in all likelihood, these charges will be the focus of the January 2023 Legislative Agenda as it relates to local sales/use tax matters.
Committee meetings will be scheduled later this year to have open/written submission of testimony regarding these charges. As the dates/times of these meetings are posted we will provide e-mail updates.
Those charges to the House Ways & Means Committee that immediately stand to affect or could include a discussion of Texas local sales/use are:
Item 5
Evaluate the impact of shifting to destination sourcing for local sales and use tax purposes, including the benefits of reduced taxpayer confusion. Monitor the implementation of the Comptroller's amendments to 34 Tx. Admin. Code §3.334, relating to local sales and use taxes, and the Comptroller's Sales Tax Rate Locator. Make recommendations for legislation to improve Texas' local sales and use tax sourcing.
Item 1
Monitor agencies and programs in the Committee's jurisdiction and oversee the implementation of legislation passed by the 87th Legislature. Actively oversee associated rulemaking and agency actions to ensure the intended legislative outcome of all legislation including the following:
.... HB 2404, relating to creating and maintaining a database of information regarding certain local economic development agreements....
Item 4
Conduct a comprehensive review of the impact of not renewing Chapter 313, Tax Code. Evaluate tax incentives offered by other state and make recommendations for incentivizing manufacturers and other capital-intensive businesses to locate in Texas.
Please call/e-mail me with any questions or if we can assist in any way.
Kyle Kasner
972-814-6574
kylekasner@cityservices.us