Bill Text: TX SB1962 | 2017-2018 | 85th Legislature | Introduced


Bill Title: Relating to a sales and use tax exemption for property used in master recordings and admissions to certain amusement services.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-03-27 - Referred to Finance [SB1962 Detail]

Download: Texas-2017-SB1962-Introduced.html
 
 
  By: Creighton S.B. No. 1962
 
 
 
   
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to a sales and use tax exemption for property used in
  master recordings and admissions to certain amusement services.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 151.3101, Tax Code, is amended by adding
  subsection (d) to read as follows:
         (d)  An admission to the championship game of the National
  Football League is exempted from the taxes imposed by this chapter.
         SECTION 2.  Section 151.3185, Tax Code, is amended by
  amending Subsections (a) and (e) and adding Subsection (h) to read
  as follows:
         (a)  The sale, lease, or rental or storage, use, or other
  consumption of the following items are exempted from the taxes
  imposed by this chapter:
               (1)  tangible personal property that will become an
  ingredient or component part of:
                     (A)  a motion picture, [or] video, or audio master
  recording, a copy of which is sold or offered for ultimate sale,
  licensed, distributed, broadcast, or otherwise exhibited for
  consideration; or
                     (B)  a broadcast by a producer of cable programs
  or by a radio or television station licensed by the Federal
  Communications Commission;
               (2)  tangible personal property that is necessary or
  essential to and used or consumed in or during:
                     (A)  the production of a motion picture, [or]
  video, or audio master recording, a copy of which is sold or offered
  for ultimate sale, licensed, distributed, broadcast, or otherwise
  exhibited for consideration; or
                     (B)  the production of a broadcast by or for a
  cable program producer or by or for a radio or television station
  licensed by the Federal Communications Commission; and
               (3)  except as provided by Subsection (c), services
  that are necessary and essential to and used directly in a
  production described by Subdivision (2)(A) or (B).
         (e)  The sale of a motion picture, video, or audio master
  recording by the producer of the master is exempt from the taxes
  imposed by this chapter.
         (h)  For purposes of this section, "master recording" means
  the principal media on which images, sound, or a combination of
  images and sound are first fixed, and from which copies are
  commercially made available for sale, license, distribution,
  broadcast, or exhibition of the master recording or copies for
  consideration.
         SECTION 3.  The changes in law made in SECTION 1 of this Act,
  apply to an admission to the championship game of the National
  Football League on or after the effective date of this Act.
         SECTION 4.  The changes in law made in SECTION 2 of this Act
  are a clarification of existing law and do not imply that existing
  law may be construed as inconsistent with the law as amended by this
  Act.
         SECTION 5.  This Act takes effect September 1, 2017.
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