TX
Texas Senate Bill SB1964

Texas 2019 - 86th Regular

Texas Senate Bill SB1964

Caption

Relating to the use of certain aviation and air transportation-related tax proceeds for aviation facilities development.

Impact

The enactment of SB1964 is expected to enhance infrastructure for aviation within the state by providing dedicated financial resources for aviation facilities development. The bill's supporters argue that better-funded aviation infrastructure will facilitate increased air travel, boost tourism, and improve economic productivity overall. By securing additional funds from existing taxes, the bill positions the aviation sector to leverage state funding for infrastructure improvements.

Summary

Senate Bill 1964 pertains to the allocation of certain aviation and air transportation-related tax proceeds specifically for the development of aviation facilities in Texas. The legislation aims to amend Section 151.801 of the Tax Code. It establishes a new fund, the aviation development account, into which funds from specific taxation on airlines and aviation-related activities will be directed. This includes taxes collected from airline operations, aircraft sales, rentals, and various transactions related to airport activities.

Contention

While proponents advocate for the bill's potential to improve state aviation infrastructure, critics may raise concerns regarding the allocation of tax revenues and whether existing taxes on an industry already burdened by operational costs should be further designated for this purpose. There may be debates over the adequacy of funds versus the evolving needs of different transportation sectors, and whether this funding strategy prioritizes aviation at the expense of other vital infrastructure projects.

Companion Bills

No companion bills found.

Previously Filed As

TX HB2550

Relating to the elimination of certain tax proceeds deposited to and the allocation of the horse industry escrowed purse account.

TX HB3998

Relating to the use of certain revenue derived from state sales and use taxes to provide grants to incentivize the recycling of certain electronics.

TX SB748

Relating to the provision of state aid to certain local governments to offset the cost of the exemption from ad valorem taxation of the residence homestead of a 100 percent or totally disabled veteran.

TX HB1613

Relating to the applicability of the law governing the provision of state aid to certain local governments disproportionately affected by the granting of ad valorem tax relief to disabled veterans.

TX HB2763

Relating to an exemption from motor fuel taxes for certain fuel used by a rural transit district to provide public transportation.

TX SB377

Relating to the Texas Connectivity Fund and to the allocation and the use of certain proceeds from the imposition of state sales and use taxes on telecommunications services.

TX HB1443

Relating to the operation of certain wind-powered devices near certain aviation facilities and the receipt of certain ad valorem tax incentives for property on which such devices are constructed or installed; authorizing an administrative penalty.

TX HB2226

Relating to state and municipal motor fuel taxes; providing civil penalties; creating criminal offenses; requiring occupational licenses; authorizing the imposition of taxes; providing for increases and decreases in the rates of taxes.

TX HB2190

Relating to the terminology used to describe transportation-related accidents.

TX HB5285

Relating to the banning of school district ad valorem taxes for certain residential properties and an increase in the rates of certain state taxes to cover the increased cost to the state of providing public education; increasing the rates of taxes.

Similar Bills

No similar bills found.