Texas sales tax

Ryan E. Poppe

A standoff between the Texas House and Senate could be nearing the end, as both sides seemed to agree to some leeway on their plans to cut taxes in 2015. Texas Gov. Greg Abbott confirmed that he was working with the two sides to help reach some kind of compromise.

It’s been quite a bit of back and forth for the competing House and Senate plans over the past two months. Part of the Senate’s original plan called for cutting a portion of the state’s property taxes, something the House didn’t initially agree with. In the House, the Senate had taken issue with their plan to cut a portion of the state’s sales tax.  
And when those talks hit a stalemate, Gov. Abbott stepped in to help facilitate an agreement.

Augustas Didžgalvis / CC

AUSTIN — The Texas Senate has approved a plan that would allow shoppers to buy guns, ammunition and hunting supplies without having to pay sales taxes during the last weekend in August.

The state already designates annual sales tax-free weekends for the purchase of some school supplies and energy-efficient appliances. Sen. Brandon Creighton’s plan would extend the same exemption to firearm purchases.

The Conroe Republican noted that Louisiana established in 2009 a tax-free weekend for guns, ammo and hunting supplies during the first weekend in September.

Ryan E. Poppe

Members of the Texas House remained firm that their plan for cutting taxes would benefit more businesses and Texas families, as compared to a similar plan passed by the Senate. Today, House members passed two tax reform measures authored by Angleton Republican Dennis Bonnen.  The first would cut the state’s sales tax rate by 0.3 percent.

The SABER Institute

In the first segment:

An old joke among Mexican nationals is that San Antonio is the safest city in northern Mexico. But San Antonio will be immune to the recently approved tax reforms taking effect next month.

State of Texas

Texas Comptroller Susan Combs is reminding shoppers the annual sales tax holiday weekend is scheduled for this Friday, Saturday and Sunday, Aug. 9-11.

Families can save money by not paying sales tax on most clothing, footwear and school supplies priced under $100. A full lists of tax-free items can be found at www.TexasTaxHoliday.org.