S.B. No. 1030 amends Section 151.328(e) of the Texas Tax Code to expand the exemption from sales and use taxes for certain aircraft components and property necessary for normal aircraft operations. The bill removes the requirement that the aircraft must be owned or operated by specific individuals as outlined in previous subsections. Instead, it clarifies that any tangible personal property that is permanently affixed to an aircraft or necessary for its normal operations is exempt from the taxes imposed by the chapter.

Additionally, the bill specifies that the changes made by this Act will not affect any tax liabilities that accrued before its effective date of September 1, 2025. This means that any tax obligations incurred prior to this date will still be governed by the former law, ensuring continuity in the collection and enforcement of those taxes.

Statutes affected:
Introduced: Tax Code 151.328 (Tax Code 151)
Senate Committee Report: Tax Code 151.328 (Tax Code 151)
Engrossed: Tax Code 151.328 (Tax Code 151)
House Committee Report: Tax Code 151.328 (Tax Code 151)