Relating to the applicability of sales and use taxes to certain services provided by a marketplace provider.

HB 1681 clarifies that certain payment processing services provided by marketplace providers (like online platforms connecting buyers and sellers) are not subject to Texas sales and use taxes. Specifically, it amends the Tax Code to exclude services related to processing sales or payments for marketplace sellers from being classified as taxable "data processing services" (per Section 151.0035(b)(4)). This directly affects marketplace providers and their sellers by removing tax liability for specific payment settlement activities, such as routing transactions through approved payment networks or financial institutions. The bill does not change tax obligations for services already subject to tax under prior law.