Texas Comptroller Manual of Accounts - Fiscal 2025
Revenue Object 3101 – Prepayments of Limited Sales and Use Tax

Receipts originate from the prepayment of revenue code 3102, Limited Sales and Use Tax, and are assigned to identify these prepayment revenues. The rate of 6.25% of retail sale price less a deduction of 1/2 of 1% of the tax as reimbursement for collection and an additional 1.25% allowance for retailers who make prepayments based on reasonable estimates of the liability for the period in which the prepayment is made.

The tax is collected by the retailer making the sale and remitted to the Comptroller.

Prepayments must be made on or before the 15th day of the second month of the quarter for which the payment is made if the tax is paid quarterly. On or before the 15th day of the month for which the prepayment is made if the taxpayer pays the tax monthly

Codified by H.B. 1708, 67th Leg., R.S.

Amended by S.B. 985, 68th Leg., R.S.

Rate amended by H.B. 122, 68th Leg., 2nd C.S., effective October 2, 1984.

H.B. 79, 69th Leg., 3rd C.S., provided rate increase from 4.125% to 5.25% for the period January 1, 1987 to September 1, 1987.

Rate changed from 5.25% to 6% by 70th Leg., R.S., H.B. 61.

Deduction for reimbursement changed from 1% to 1/2 of 1% by Acts 1987, 70th Leg., 2nd C.S. ch. 5, art. 1, pt. 4, § 32 .

Rate changed from 6% to 6.25% by 71st Leg., 6th C.S., H.B. 6.