Sec. 505.252. SALES TAX. (a) If the authorizing municipality adopts the tax under Section 505.251, a tax is imposed on the receipts from the sale at retail of taxable items within the municipality at the rate approved at the election.
(b) The rate of a tax adopted under this chapter 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 505.256(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. 9, eff. September 1, 2015.
Structure Texas Statutes
Title 12 - Planning and Development
Chapter 505 - Type B Corporations
Subchapter F. Sales and Use Tax
Section 505.251. Tax Authorized
Section 505.254. Specification of Tax Rate on Ballot
Section 505.255. Adoption of Tax at Election to Reduce or Abolish Tax for Type a Corporation
Section 505.256. Applicability of Tax Code
Section 505.2565. Limitation on Duration of Tax
Section 505.2566. Election to Reduce or Increase Tax Rate
Section 505.257. Reduction of Tax Within Regional Transportation Authority
Section 505.2575. Limited Sales and Use Tax for Specific Project
Section 505.258. Cessation of Collection of Taxes
Section 505.259. Election Requirement for Certain Municipalities