Sec. 504.252. SALES TAX. (a) If the authorizing municipality adopts the tax under Section 504.251, a tax is imposed on the receipts from the sale at retail of taxable items within the municipality at the rate approved by the voters.
(b) The rate of the tax imposed under Subsection (a) may be any rate that is an increment of one-eighth of one percent, that the authorizing municipality determines is appropriate, and that would not result in a combined rate that exceeds the maximum combined rate prescribed by Section 504.254(a).
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 1246 (H.B. 157), Sec. 5, eff. September 1, 2015.
Structure Texas Statutes
Title 12 - Planning and Development
Chapter 504 - Type a Corporations
Subchapter F. Sales and Use Tax
Section 504.251. Tax Authorized
Section 504.254. Combined Tax Rate
Section 504.255. Applicability of Tax Code
Section 504.257. Limitation on Duration of Tax
Section 504.258. Election to Reduce or Increase Tax Rate
Section 504.259. Reduction of Tax Within Regional Transportation Authority
Section 504.260. Limited Sales and Use Tax for Specific Project
Section 504.261. Concurrent Election With Election Under Tax Code