BILL ANALYSIS

 

 

Senate Research Center                                                                                                        S.B. 106

80R813 DAK-D                                                                                                                   By: Ellis

                                                                                                                                                Finance

                                                                                                                                            3/19/2007

                                                                                                                                              As Filed

 

 

AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

 

While the three-day August sales tax holiday has been successful in saving Texas families millions of dollars at a financially demanding time, many working families may not be able to take advantage of it because of work demands and the tax holiday's short length. 

 

As proposed, S.B. 106 increases from three days to two weeks the time period of the sales tax exemption on certain clothing and shoes.

 

RULEMAKING AUTHORITY

 

This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.

 

SECTION BY SECTION ANALYSIS

 

SECTION 1.  Amends Section 151.326(a), Tax Code, to provide that the tax exemption for clothes and shoes ends at 11:59 p.m. on the third Friday in August rather than 12 midnight on the Sunday following the first Friday in August.

 

SECTION 2.  Makes the application of this Act prospective.

 

SECTION 3.  Effective date: July 1, 2007, or October 1, 2007.