Bill: HB 357, 83(R) - 2013

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Yes Neutral Positive Neutral Positive Neutral

Author(s)

Helen Giddings

Bill Caption

Relating to the exemption from the sales tax for certain school art supplies during limited periods.

Fiscal Notes

Estimated Two-year Net Impact to General Revenue Related Funds for HB357, As Introduced: a negative impact of ($1,350,000) through the biennium ending August 31, 2015, if the bill becomes effective immediately; or a negative impact of ($650,000) through the biennium ending August 31, 2015, if the effective date of the bill is September 1, 2013.

Bill Analysis

Summary: HB 357 adds paint brushes, watercolors, and acrylic, tempera, and oil paints to what can be considered as “school supplies,” and exempted from sales tax on the state’s sales tax holiday.

Analysis: HB 357’s modest expansion of “school supplies” that can be exempted during Texas’ sales tax holiday will limit the amount of revenue government can take on purchases of these painting products and promote the property rights of students, parents and teachers who will be able to keep more of their resources. We support HB 357.

Source URL (retrieved on 04/19/2024 08:04 PM): http://reports.texasaction.com/bill/83r/hb357?print_view=true