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Senate Bill 1525 |
Senate Author: Watson |
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Effective: 6-10-19 |
House Sponsor: Sanford |
Senate Bill 1525 amends the Limited Sales, Excise, and Use Tax Act, Tax Code, to do the following:
· repeal the sales and use tax exemption for amusement and personal services provided through coin‑operated machines that are operated by the consumer and exclude such operations from those considered amusement services or personal services, respectively;
· clarify what constitutes a "sale for resale"; and
· establish a sales and use tax exemption on 65 percent of a lump‑sum charge for labor and materials to repair, remodel, maintain, or restore tangible personal property that is required for environmental protection or energy conservation and purchased for a health care facility or for an oncology center.