Yes, the drip tip often collects CaCO3 deposits as the limewater reacts with CO2 in the air. The problem is even worse underwater.
This article has more:
What is that Precipitate in My Reef Aquarium?
http://reefkeeping.com/issues/2005-07/rhf/index.htm
here's mine:
from the article:
Precipitates on Limewater Drip Tips
The same reaction between limewater and carbon dioxide that takes place on the surface of a limewater reservoir (Figure 5) to form calcium carbonate (described above) can also take place on a limewater drip tip (Figure 6). Such tips rapidly become clogged, and need periodic cleaning. This tip can be cleaned by soaking it in acid (straight vinegar or diluted muriatic acid/hydrochloride acid: 1 part acid added to 9 parts fresh water). One can also periodically push a pencil or similar object through the crust to ensure that the opening is large enough for limewater to exit.
I once neglected to clean this tip on my system for too long, and it completely sealed over. Without my knowledge, my Reef Filler pump, though pumping away, was not delivering any top off water. Only when my float switch shut down the main pumps did I realize that there was a problem. Unfortunately, I made a foolish mistake and poked a nail though the crust on the tip without shutting down the pump. These pumps are actually able to develop quite a bit of head pressure, and a fair amount of milky limewater sprayed out over me (fortunately I had glasses on, protecting my eyes)!
Some aquarists have suggested keeping the tip underwater to avoid a reaction with atmospheric carbon dioxide. Unfortunately, that is worse, because there is actually a lot of bicarbonate and carbonate in marine aquarium water, and as this water mixes with, and perhaps diffuses up the limewater tubing slightly, an even more rapid precipitation of calcium carbonate will occur, thus clogging the tip sooner.