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TX SB1030
Bill
Status
4/15/2025
Primary Sponsor
Robert Nichols
Click for details
AI Summary
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Expands the sales and use tax exemption for tangible personal property permanently affixed as a component part of an aircraft to apply to all aircraft, removing the previous restriction that limited the exemption to aircraft owned or operated by specific categories of persons
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Maintains the existing exemption for property necessary for normal aircraft operations that is pumped, poured, or otherwise placed in the aircraft (such as fuel, oil, and fluids)
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Specifies that the law change does not affect tax liability that accrued before the effective date, with former law continuing to apply for collection and enforcement of pre-existing tax obligations
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Takes effect September 1, 2025
Legislative Description
Relating to the exemption from sales and use taxes for certain aircraft components and other property required for normal aircraft operations.
Taxation
Last Action
Placed on General State Calendar
5/26/2025