H.B. No. 3486 introduces a new provision in the Texas Tax Code that allows owners of food service establishments to deduct a specific amount from their taxable sales when they purchase Texas farm-raised oysters. The bill defines "food service establishment" and "Texas farm-raised oyster," and stipulates that for each establishment with a valid permit, taxpayers can deduct $5 for every 100 oysters purchased for preparation and service. This deduction applies to the taxable sales reported for the year, quarter, or month in which the oysters are purchased.

Additionally, the bill grants the comptroller the authority to require information from taxpayers to verify the accuracy of the deductions claimed and allows the comptroller to adopt necessary rules for implementing this section. The law will not affect any tax liabilities that accrued before its effective date of October 1, 2025, ensuring that previous tax obligations remain enforceable under the former law.

Statutes affected:
Introduced: ()
House Committee Report: ()
Engrossed: ()
Senate Committee Report: ()
Enrolled: ()