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

HB 3045 exempts qualifying corporations from Texas' franchise tax if they operate a spaceport meeting two specific conditions: it must be licensed by the Federal Aviation Administration (FAA), and the spaceport must be critical to a contract with the U.S. Department of Defense for spaceflight or launch services. This tax exemption directly affects corporations operating spaceports that support national defense contracts, reducing their state business tax burden. The bill creates a new tax exemption provision under the Texas Tax Code, effective September 1, 2025, for reports due after that date. It does not create new requirements for spaceports but modifies tax treatment for existing qualifying operations.