Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 152.024 - Tax on An Even Exchange of Motor Vehicles(a) A tax is imposed on each party to a transaction involving the even exchange of two motor vehicles.(b) The tax on each party is $5.(c) No transfer of title in an even exchange shall be accomplished until the taxes have been paid.
Tex. Tax Code § 152.024
Acts 1981, 67th Leg., p. 1589, ch. 389, Sec. 1, eff. Jan. 1, 1982.