State sales tax revenue takes a 13.2 percent dive

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State sales tax revenue takes a 13.2 percent dive

Thu, 06/04/2020 - 02:23
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AUSTIN—Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $2.61 billion in May, 13.2 percent less than in May 2019 and the steepest yearover-year decline since January 2010. The majority of May sales tax revenue is based on sales made in April and remitted to the agency in May. Widespread social-distancing requirements were in place across much of the state throughout April…

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