Enrolled Bill Summary

House Bill 2157 amends Tax Code provisions relating to sales and use taxes on amusement services. It affects resellers of tickets or admission passes. The act allows the reseller to deduct from taxable sales the adjusted value of such tickets or passes if certain conditions are met. The ticket or pass must state that all taxes have been included in the sales price and cannot have been purchased tax-free originally. Rather, the original purchaser must have paid the sales and use tax and cannot have been a sales and use tax permit holder. The adjusted value for purposes of the deduction is the face value minus the included state or local sales or use taxes. The act establishes related documentation requirements for the reseller.