Texas HB2825 amends the sales and use tax rates for tangible personal property used in providing cable television, Internet access, and.

Texas HB2825 amends the Tax Code to exempt sales, leases, rentals, or storage of tangible personal property used by providers or their subsidiaries in the distribution of cable television service, provision of Internet access service, or transmission of telecommunications services. The bill repeals Section 151.3186 of the Tax Code but ensures that refunds for which taxpayers became entitled before the effective date of this Act and filed a timely claim are not affected. The changes do not affect tax liability accruing before the effective date of this Act.

Texas HB2825 amends the sales and use tax rates for tangible personal property used in providing cable television, Internet access, and.

Texas HB2825 amends the Tax Code to exempt sales, leases, rentals, or storage of tangible personal property used by providers or their subsidiaries in the distribution of cable television service, provision of Internet access service, or transmission of telecommunications services. The bill repeals Section 151.3186 of the Tax Code but ensures that refunds for which taxpayers became entitled before the effective date of this Act and filed a timely claim are not affected. The changes do not affect tax liability accruing before the effective date of this Act.