Tax Law Changes You Need to Know

The 81st Legislature made significant changes to Texas tax laws.  The changes include the following:

  • a new exemption from state and local sales and use taxes for certain school supplies during the annual August Sales Tax Holiday;
  • revisions to the collection and allocation of local sales and use taxes;
  • a new exemption for crude oil and natural gas taxes;
  • a new method for calculating the tax on tobacco products other than cigars;
  • a revised payment process for losses covered by the Texas Windstorm Insurance Association;
  • a revision to the motor vehicle orthopedic handicap exemptions; and
  • a new Prepaid 9-1-1 Emergency Service Fee

For more information about these changes to Texas tax laws and how they may affect you, visit www.window.state.tx.us/taxinfo/taxpubs/st_update.html

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About the Author...

Shannon Register, Broker/Owner

A native of Columbus, Georgia, and a graduate of the University of Georgia, Shannon has lived in the Houston area since 2004. She holds over nine real estate Certifications and Designations. Shannon is the host of "Houston Real Estate Radio" on am700 KSEV in Houston.

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