|
House Bill 157 |
House Author: Larson et al. |
|
Effective: 9-1-15 |
Senate Sponsor: Eltife |
House Bill 157 amends the Local Government Code and Tax Code to authorize the rate of a sales and use tax adopted by a municipality to be any rate that is an increment of one-eighth of one percent, that the municipality determines is appropriate, and that would not result in a combined rate that exceeds two percent at any location in the municipality when added to the rates of all other sales and use taxes imposed by the municipality and other political subdivisions of the state having territory in the municipality.