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Relating to sales and use taxes e-cigarette vapor products to benefit the child health plan program; imposing taxes.
Estimated two-year net impact to general revenue related funds for HB 2111, Committee Report 1st House, substituted: a negative impact of ($41,661,750) through the biennium ending August 31, 2023. Additionally, the table below includes the estimated loss to the Property Tax Relief Fund of ($5,610,000) for the 2022-2023 biennium. Any loss to the Property Tax Relief Fund must be made up with an equal amount of General Revenue to fund the Foundation School Program.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
HB 211 would create an additional sales and use tax on e-cigarette vapor products and alternative nicotine products. HB 211 sets out provisions regarding the application of such taxes, reporting requirements, record keeping requirements, and the disposition of proceeds from the taxes.
HB 211 would create a new tax in addition to regular sales and use taxes already applied to alternative nicotine products. This is inconsistent with our limited government, individual liberty, and free market principles. Texas Action opposes HB 211.