By: Kacal, Raney, Springer H.B. No. 2507
(Senate Sponsor - Seliger)
(In the Senate - Received from the House May 7, 2015;
May 7, 2015, read first time and referred to Committee on Finance;
May 14, 2015, reported favorably by the following vote: Yeas 13,
Nays 0, 1 present not voting; May 14, 2015, sent to printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
relating to a sales and use tax exemption for certain equipment used
for digital audio broadcasting.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 151.3185, Tax Code, is amended by adding
Subsection (g) to read as follows:
(g) Tangible personal property that is sold to an entity to
which 47 C.F.R. Section 73.404(a) applies is exempt from the taxes
imposed by this chapter if the property is necessary to provide the
broadcast service described by 47 C.F.R. Section 73.403 or 73.404.
SECTION 2. The change in law made by this Act does not
affect tax liability accruing before the effective date of this
Act. That liability continues in effect as if this Act had not been
enacted, and the former law is continued in effect for the
collection and enforcement of those taxes.
SECTION 3. This Act takes effect September 1, 2015.
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