SB0212

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

Sales and Use Tax - Aircraft Parts and Equipment - Exemption

Sponsored by:

Senator Waugh

Status:

In the House - Hearing 3/21 at 1:00 p.m.


Synopsis:Providing an exemption from the sales and use tax for materials, parts, or equipment used to repair, maintain, or upgrade aircraft or the avionics systems of aircraft if the materials, parts, or equipment are installed on the aircraft; requiring the Comptroller to report to the General Assembly by December 31 each year on the amount of sales and use tax revenue lost from the exemption and any change to the number of aviation technicians employed in the state as a result of the exemption; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Waugh and Eckardt
Additional Facts:Cross-filed with: HB0318
Introduced in a prior session as: SB0159 Session: 2017 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2018
Committee(s):
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Sales and Use
Narrow Subject(s):Aircraft
Comptroller
Equipment -see also- Motor Vehicle Equipment
Reports
Sales and Use Tax
Statutes:Article - Tax - General
(11-234)

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March 22, 2018 9:07 A.M.