TX SB1217

Creates a new sales and use tax exemption for tangible personal property sold, leased, or rented to cable television, Internet access, or telecommunications service providers when the property is directly used in distributing cable service, providing Internet access, or transmitting telecommunications

Extends the exemption to subsidiaries of qualifying service providers

Excludes property used for data processing services or information services from the exemption, and does not apply to local taxes authorized under Subtitle C, Title 3 of the Tax Code

Repeals existing Section 151.3186 of the Tax Code, while preserving refund claims for taxpayers who became entitled to refunds before the effective date and file claims by March 31, 2026

Takes effect January 1, 2026