HB4621 — Relating to the state sales tax rate and the use of certain revenue from state sales and use taxes to reduce school district maintenance and operations ad valorem tax rates; increasing the rate of a tax.

HB4621 — Relating to the state sales tax rate and the use of certain revenue from state sales and use taxes to reduce school district maintenance and operations ad valorem tax rates; increasing the rate of a tax. · Informed CitizenryHB 4621 amends the Tax Code to set the state sales tax rate at 7.25 percent of the sales price of a taxable item. It further provides that revenue collected from the portion of the sales tax rate e…Open in Informed Citizenry