Relating to certain reimbursements and discounts allowed for the collection and payment of sales and use taxes.

HB 2428 would allow Texas businesses that collect sales tax to deduct small percentages from the taxes they collect as reimbursement for processing costs. For regular sales, businesses could deduct 0.5% of the tax amount, and for credit card sales, they could deduct 2.5% (capped at $10 million per quarter). Businesses could also choose to contribute their deduction amount directly to education grants under Texas law instead of keeping it. The bill is pending in committee and would apply to tax reports due after its effective date.