Texas Tax Code
§ 163.001 — CERTIFICATED OR LICENSED CARRIERS
TX § 163.001Title 2. STATE TAXATION · Part E. SALES, EXCISE, AND USE TAXES · Ch. 163. SALES AND USE TAXATION OF AIRCRAFT
Statute text
View on source(a)For purposes of Chapter 151, "certificated or licensed carrier" means a person authorized by the Federal Aviation Administration to operate an aircraft to transport persons or property in compliance with the certification and operations specifications requirements of 14 C.F.R. Part 121, 125, 133, or 135.
(b)Section 151.328(a)(1) applies with respect to a certificated carrier's acquisition of an aircraft, without regard to whether the certificated carrier acquired the aircraft by purchase, lease, or rental.
Legislative history
Added by Acts 2015, 84th Leg., R.S., Ch. 631 (S.B. 1396), Sec. 1, eff. September 1, 2015.