HB3045 • 2025

Relating to a franchise tax exemption for corporations operating a spaceport for certain national defense purposes.

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Gerdes | Curry
Last action: 2025-05-12
Official status: 05/12/2025 S Referred to Finance
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relating to a franchise tax exemption for corporations operating a spaceport for certain national defense purposes.

What This Bill Does

Relating to a franchise tax exemption for corporations operating a spaceport for certain national defense purposes.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-05-12 Texas Legislature Online
Read first time
2025-05-12 Texas Legislature Online
Referred to Finance
2025-05-08 Texas Legislature Online
Read 3rd time
2025-05-08 Texas Legislature Online
Passed
2025-05-08 Texas Legislature Online
Record vote. RV#1802
2025-05-08 Texas Legislature Online
Statement(s) of vote recorded in Journal
2025-05-08 Texas Legislature Online
Reported engrossed
2025-05-08 Texas Legislature Online
Received from the House
2025-05-07 Texas Legislature Online
Placed on General State Calendar
2025-05-07 Texas Legislature Online
Read 2nd time
2025-05-07 Texas Legislature Online
Passed to engrossment
2025-05-07 Texas Legislature Online
Record vote. RV#1692
2025-05-07 Texas Legislature Online
Statement(s) of vote recorded in Journal
2025-05-05 Texas Legislature Online
Considered in Calendars
2025-05-01 Texas Legislature Online
Committee report sent to Calendars
2025-04-30 Texas Legislature Online
Comte report filed with Committee Coordinator
2025-04-30 Texas Legislature Online
Committee report distributed
2025-04-24 Texas Legislature Online
Considered in formal meeting
2025-04-24 Texas Legislature Online
Committee substitute considered in committee
2025-04-24 Texas Legislature Online
Reported favorably as substituted
2025-04-07 Texas Legislature Online
Scheduled for public hearing on . . .
2025-04-07 Texas Legislature Online
Considered in public hearing
2025-04-07 Texas Legislature Online
Testimony taken/registration(s) recorded in committee
2025-04-07 Texas Legislature Online
Left pending in committee
2025-03-20 Texas Legislature Online
Read first time
2025-03-20 Texas Legislature Online
Referred to Ways & Means
2025-02-19 Texas Legislature Online
Filed

Official Summary Text

Relating to a franchise tax exemption for corporations operating a spaceport for certain national defense purposes.

Current Bill Text

Read the full stored bill text

89(R) HB 3045 - Engrossed version - Bill Text

89R23090 CJD-D

By: Gerdes, Curry, et al.

H.B. No. 3045

A BILL TO BE ENTITLED

AN ACT

relating to a franchise tax exemption for corporations operating a

spaceport for certain national defense purposes.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Subchapter B, Chapter 171, Tax Code, is amended

by adding Section 171.089 to read as follows:

Sec.

171.089.

EXEMPTION-SPACEPORT USED FOR NATIONAL

DEFENSE PURPOSES. A corporation is exempted from the franchise tax

if the corporation:

(1)

is an operator of a spaceport authorized by the

Federal Aviation Administration; and

(2)

has a contract with the United States Department

of Defense to provide spaceflight or launch services to that

department.

SECTION 2. The change in law made by this Act applies only

to a report originally due on or after the effective date of this

Act.

SECTION 3. This Act takes effect September 1, 2025.