Bill > SB1022

This bill amends the Texas Tax Code to expand the sales and use tax exemption for the repair, remodeling, or maintenance of aircraft. The exemption now applies to all aircraft, not just those operated by certain entities like the federal government. The bill also exempts machinery, tools, supplies, and equipment used exclusively for aircraft repair, remodeling, or maintenance, as well as tangible personal property permanently affixed to or necessary for the operation of any aircraft. The changes in the law do not affect any tax liability accrued before the bill's effective date of September 1, 2023.