AN ACT RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION

HB 8197 exempts the purchase of new or used bicycles and bicycle parts from state sales and use taxes. This directly affects consumers buying bikes or parts, as well as retailers selling them, by removing a tax burden on these items. The bill’s key mechanism is amending the tax code to specifically exclude bicycles and parts from taxable sales, simplifying the tax treatment for these goods. The bill was introduced on February 27, 2026, and referred to the House Finance Committee.