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      By: Bernal H.B. No. 452       A BILL TO BE ENTITLED   AN ACT   relating to a sales and use tax refund for certain small businesses.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter I, Chapter 151, Tax Code, is amended   by adding Section 151.4306 to read as follows:           Sec.   151.4306.     TAX REFUNDS FOR CERTAIN SMALL BUSINESSES   (a) This section applies only to small businesses as defined by   Section 481.401(10), Government Code, and a person who files a   rendition statement under Section 22.01, Tax Code.           (b)     Notwithstanding Section 111.104(b), a person who is   subject to taxation of income-producing tangible personal property   is entitled to an annual refund for taxes paid under this chapter   equal to the amount of ad valorem tax paid on income-producing   tangible personal property in the previous tax year.           (c)     A refund under this section shall not exceed the amount   of taxes paid under this chapter.           (d)     The comptroller by rule may provide additional   procedures for claiming a refund under this section.          SECTION 2.  This Act applies only to ad valorem taxes imposed   for a tax year that begins on or after the effective date of this   Act.          SECTION 3.  This Act takes effect January 1, 2026.