Bill

HB 31

84(R) - 2015

House Ways & Means

Read Bill & Check Bill Status

House Ways & Means

Taxes

Vote Recommendation

Yes

Positive
Neutral
Neutral
Positive
Neutral

Author(s)

Dennis Bonnen

Co-Author(s)

Rodney Anderson

Trent Ashby

Dwayne Bohac

Greg Bonnen

DeWayne Burns

Angie Chen Button

Giovanni Capriglione

Byron Cook

John Cyrier

Dan Flynn

James Frank

Craig Goldman

Bobby Guerra

Dan Huberty

Mark Keough

Phil King

Linda Koop

Matt Krause

Jeff Leach

Trey Martinez Fischer

Will Metcalf

Morgan Meyer

Doug Miller

Rene Oliveira

Tan Parker

Gilbert Pena

Scott Sanford

J.D. Sheffield

Drew Springer

Ed Thompson

Jason Villalba

James White

Paul Workman

John Wray

Bill Zedler

John Zerwas

Bill Caption

Relating to decreasing the state sales and use tax rate.

Fiscal Notes

A fiscal note dated April 21, 2015 anticipates a negative two-year net impact to General Revenue Related Funds CSHB31 of $2,660,000,000 through the biennium ending August 31, 2017.

The fiscal note adds that the decrease in the state tax rate would be expected to result in a marginal increase in expenditures on taxable items and thus marginal increases in local sales and use tax revenues.

Bill Analysis

House Bill 31 would decrease the sales tax rate from 6.25 percent to 5.95 percent.

If passed, this decrease would take effect on October 1, 2015.

Vote Recommendation Notes

House Bill 31 would bring tax relief to Texans by permanently decreasing the state sales tax rate from 6.25 percent currently, to 5.95 percent.

This bill would limit the scope of government by leaving into Texans' hands more of their hard-earned money, enabling them to spend it as they best see fit. It could also help boost the Texas economy further by making Texas more competitive: it would be cheaper for consumers and businesses to buy goods and services.

We support House Bill 31 as filed.

Several amendments have been pre-filed. The only amendments we are taking a position on are those below. We do not take a position on any of the pre-filed amendments not appearing below. The amendment numbers represent the barcode number in the pre-filed amendment packet.

Amendments We Support:

Amendment #	Author	TPPA Position
841057	Bonnen, Dennis	Support

Amendments We Oppose:

Amendment #	Author	TPPA Position
841053	Howard	Oppose
841052	Howard	Oppose

Organizations Supporting

Texas Association of Manufacturers

Texas Public Policy Foundation

Texas Taxpayers and Research Association