Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 6. ROADWAYS |
Subtitle K. MASS TRANSPORTATION |
Chapter 451. METROPOLITAN RAPID TRANSIT AUTHORITIES |
Subchapter I. TAXATION |
Sec. 451.404. SALES AND USE TAX
Latest version.
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(a) The board, subject to Section 451.402, may impose for an authority a sales and use tax at the rate of:
(1) one-quarter of one percent;
(2) one-half of one percent;
(3) three-quarters of one percent; or
(4) one percent.
(b) Chapter 322, Tax Code, applies to an authority's sales and use tax.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.