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.) | ||
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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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