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Texas Comptroller Releases December-January Tax Newsletter

Dated Feb. 1, 2021

Citations: December 2020 - January 2021 Fiscal Notes

SUMMARY BY TAX ANALYSTS

The Texas comptroller of public accounts published the December 2020/January 2021 edition of Fiscal Notes, reviewing the state of Texas’s economy amid the COVID-19 pandemic; collections in December from sales tax, oil production tax, natural gas production tax, alcoholic beverage taxes, and hotel occupancy tax decreased from the previous year by 5 percent, 45.5 percent, 25 percent, 28.5 percent, and 48.5 percent, respectively.

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