BILL ANALYSIS
Senate Research Center C.S.S.B. 106
By: Ellis
Committee Report (Substituted)
AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
C.S.S.B. 106 shifts the sales tax holiday in Texas from the first weekend in August to the third weekend to better reflect the public school start date which is now the fourth Monday of that month.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 151.326(a), Tax Code, to provide that the tax exemption for clothes and shoes begins at 12:01 a.m. on the third, rather than the first, Friday in August and ends at midnight on the following Sunday.
SECTION 2. Makes the application of this Act prospective.
SECTION 3. Effective date: July 1, 2007, or October 1, 2007.