The bill, S.B. No. 1030, proposes an amendment to Section 151.328(e) of the Texas Tax Code, which pertains to the exemption from sales and use taxes for certain aircraft components and property necessary for normal aircraft operations. The amendment removes the requirement that the aircraft must be owned or operated by specific persons as described in previous subsections. Instead, it broadens the exemption to include any tangible personal property that is permanently affixed to an aircraft or necessary for its normal operations, regardless of ownership.

Additionally, the bill clarifies 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 previous law, ensuring continuity in the collection and enforcement of those taxes.

Statutes affected:
Introduced: Tax Code 151.328 (Tax Code 151)