89R23090 CJD-D By: Gerdes, Curry, et al. H.B. No. 3045 Substitute the following for H.B. No. 3045: By: Capriglione C.S.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.