State Sales Tax Revenue Totaled $2.7 Billion in June

State Sales Tax Revenue Totaled $2.7 Billion in June

Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $2.67 billion in June, 6.5 percent less than in June 2019. The majority of June sales tax revenue is based on sales made in May and remitted to the agency in June. Widespread social distancing requirements were relaxed across much of the state in May. “The decline in state sales tax collections was driven principally by steep drops in remittances from oil- and gas-related sectors,” […]