Texas Comptroller of Public Accounts
FOR IMMEDIATE RELEASE
February 1, 2021
(AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.07 billion in January, 0.3 percent less than in January 2020.
The majority of January sales tax revenue is based on sales made in December and remitted to the agency in January.
“The slight decline in total sales tax revenue masks starkly contrasting results among economic sectors, with strong gains in collections from retail trade offset by continued deep declines in collections from recreational services and the oil- and gas-related sectors,” Hegar said. “Stay-at-home spending trends that emerged in response to the COVID-19 pandemic continued through the Christmas shopping season, with elevated receipts coming from online vendors, electronics and appliance stores, building materials and home furnishings stores, big box general merchandisers and sporting goods stores.
“While oil and gas well drilling activity has risen from lows reached earlier in the pandemic, the December active rotary rig count for Texas was still more than 60 percent lower than a year ago, depressing sales tax receipts from mining, construction, manufacturing and equipment rental and leasing businesses.
“Receipts from restaurants also remained below levels seen a year ago, while receipts from recreational services — such as live music venues, amusement parks, bowling centers and fitness clubs — remained severely depressed.”
Total sales tax revenue for the three months ending in January 2021 was down 3.9 percent compared to the same period a year ago. Sales tax is the largest source of state funding for the state budget, accounting for 59 percent of all tax collections. The effects of the COVID-19 pandemic continued to be evident in some sources of revenue in January 2021.
Texas collected the following revenue from other major taxes:
For details on all monthly collections, visit the Comptroller's Monthly State Revenue Watch. For an extensive history of tax policy developments and fees since 1972, visit our updated Sources of Revenue publication.
In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Google Chrome, Microsoft Internet Explorer and Apple Safari.