Texas SB1217 exempts sales and use taxes for tangible personal property used by cable, internet, and telecom providers.

Texas SB1217 amends the Tax Code to exempt sales and use taxes for tangible personal property used by providers of cable television, internet access, and telecommunications services. This exemption applies if the property is sold, leased, or rented to a provider or its subsidiary and is used in the distribution of cable television service, the provision of internet access service, or the transmission of telecommunications services. The exemption does not apply to property used in data processing or information services.

Texas SB1217 exempts sales and use taxes for tangible personal property used by cable, internet, and telecom providers.

Texas SB1217 amends the Tax Code to exempt sales and use taxes for tangible personal property used by providers of cable television, internet access, and telecommunications services. This exemption applies if the property is sold, leased, or rented to a provider or its subsidiary and is used in the distribution of cable television service, the provision of internet access service, or the transmission of telecommunications services. The exemption does not apply to property used in data processing or information services.