HBA-JLV H.B. 3272 77(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 3272 By: Oliveira Ways & Means 3/22/2001 Introduced BACKGROUND AND PURPOSE The 76th Legislature approved a sales tax holiday for clothing and footwear priced under $100 beginning at 12:01 a.m. on the first Friday in August and ending at midnight on the following Sunday. According to the comptroller of public accounts, Texans saved $32.6 million in 1999 and $37million in 2000. House Bill 3272 extends the time period for the sales and use tax exemption on clothing and footwear. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. ANALYSIS House Bill 3272 amends the Tax Code to modify the time period for the sales and use tax exemption for clothing and footwear (exemption). The bill provides that the time period for the exemption takes place during a period beginning at 12:01 a.m. on the first Friday in August and ending at 11:59 p.m. on the second following Sunday. EFFECTIVE DATE July 1, 2001, or if the Act does not receive the necessary vote, the Act takes effect October 1, 2001.