Introduced
by
To exempt owners of private general aviation aircraft from having to pay sales tax on parts. This expands an existing exemption that benefits out of state aircraft owners, so that it applies to all private aircraft owners who reside in this state. Fiscal agency projections indicate this and House Bill 4350 will save aircraft owners $4 million annually, and reduce state revenue by the same amount.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 70 to 38 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 0 (details)
To exempt owners of private general aviation aircraft from having to pay sales tax on parts. This expands an existing exemption that benefits out of state aircraft owners, so that it applies to all private aircraft owners who reside in this state. Fiscal agency projections indicate this and House Bill 4350 will save aircraft owners $4 million annually, and reduce state revenue by the same amount.
Referred to the Committee on Tax Policy
