Sec. 163.001. CERTIFICATED OR LICENSED CARRIERS. (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.
Added by Acts 2015, 84th Leg., R.S., Ch. 631 (S.B. 1396), Sec. 1, eff. September 1, 2015.
Structure Texas Statutes
Subtitle E - Sales, Excise, and Use Taxes
Chapter 163 - Sales and Use Taxation of Aircraft
Section 163.001. Certificated or Licensed Carriers
Section 163.002. Resale of Aircraft
Section 163.003. Use of Aircraft
Section 163.004. No Presumption of Use
Section 163.005. No Imposition of Tax Following Out-of-State Use
Section 163.006. Certain Transactions Between Related Persons
Section 163.007. Aircraft Operated Under Fractional Ownership Programs