Sources of Revenue: A History of State Taxes and Fees in Texas, 1972-2013 Page: 76
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SOURCES OF REVENUE
BOAT AND BOAT MOTOR SALES AND USE TAX
Revenue Object 3111
RATE & BASE
State: 6.25% of the total consideration on every retail sale of a taxable boat or boat motor; $15 tax for each
taxable boat or boat motor brought into the state by a new resident
Local: None, but counties retain 5% of collections
Federal: None
Major Exemptions: Sales to government; canoes, kayaks and rowboats
ADMINISTRATION
Agency: Texas Parks and Wildlife Department
Number of Taxpayers: 255
Payment Cycle: Monthly
Due Date: 10th day of the month for the preceding month
Remitted By: County tax assessor-collectors and Texas Parks and Wildlife Department
LEGAL CITATION(S)
Texas Tax Code, 160.021-160.023, 160.041, 160.121
ENACTED
72nd Legislature (1991) 6.25%
RATE & BASE CHANGES
75th Legislature t1997) Base expanded to include sales of commercial boats not more than 65 feet long
ALLOCATION
If paid to a county tax assessor-collector:
Local county government - 5%
General Revenue Fund 0001 - 95%
If paid to the Texas Parks and Wildlife Department:
Game, Fish, and Water Safety Account 0009 - 5%
General Revenue Fund 0001 - 95%76 " June 2014, Texas Comptroller of Public Accounts
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Texas. Comptroller's Office. Sources of Revenue: A History of State Taxes and Fees in Texas, 1972-2013, article, June 2014; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth639576/m1/84/: accessed April 28, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.