Enrolled Bill Summary

House Bill 2406 relates to the sales and use tax exemption for items exported outside the United States. It amends the Limited Sales, Excise, and Use Tax Act to provide that a retailer in a county bordering Mexico who receives customs broker export documentation may not refund previously paid tax before the 24th hour after the hour stated as the time of export on the documentation. A retailer in a county that does not border Mexico may not refund the tax before the seventh day after the day stated on the documentation. A retailer who makes a refund prematurely or without proper documentation is liable for the amount of the refunded tax, plus interest.