Terry Austin
- Republican
- Delegate
- District 37
Sales and use tax exemption; aircraft components. Extends the sunset date for the sales and use tax exemption for parts, engines, and supplies used for maintaining, repairing, or reconditioning aircraft or any aircraft's avionics system, engine, or component parts from July 1, 2022, to July 1, 2025. The bill also restricts the exemption for manned systems to aircraft with a maximum takeoff weight of at least 2,400 pounds. This bill is identical to SB 701.
Sales and use tax exemption; aircraft components. Extends the sunset date for the sales and use tax exemption for parts, engines, and supplies used for maintaining, repairing, or reconditioning aircraft or any aircraft's avionics system, engine, or component parts from July 1, 2022, to July 1, 2026. The bill also restricts the exemption for manned systems to aircraft with a maximum takeoff weight of at least 2,400 pounds.
Sales and use tax exemption; aircraft components. Eliminates the sunset date for the sales and use tax exemption for parts, engines, and supplies used for maintaining, repairing, or reconditioning aircraft or any aircraft's avionics system, engine, or component parts.
Approved by Governor-Chapter 8 (effective 7/1/22)
Enrolled Bill communicated to Governor on February 24, 2022
Impact statement from TAX (HB462ER)
Enrolled
Signed by President
Signed by Speaker
VOTE: Adoption (98-Y 0-N)
Senate amendment agreed to by House (98-Y 0-N)
Read third time
Passed Senate with amendment
Engrossed by Senate as amended
Committee amendment agreed to
Reading of amendment waived
Constitutional reading dispensed (39-Y 0-N)
Reported from Finance and Appropriations with amendment (16-Y 0-N)
Impact statement from TAX (HB462H1)
Constitutional reading dispensed
Referred to Committee on Finance and Appropriations
Read third time and passed House BLOCK VOTE (98-Y 0-N)
VOTE: Block Vote Passage #2 (99-Y 0-N)
Passed House BLOCK VOTE (99-Y 0-N)
Reconsideration of passage agreed to by House
VOTE: Block Vote Passage (98-Y 0-N)
Read second time
Engrossed by House - committee substitute HB462H1
Committee substitute agreed to 22105491D-H1
Read first time
Reported from Finance with substitute (21-Y 0-N)
Committee substitute printed 22105491D-H1
Subcommittee recommends reporting with substitute (9-Y 0-N)
House subcommittee amendments and substitutes offered
Assigned Finance sub: Subcommittee #2
Impact statement from TAX (HB462)
Prefiled and ordered printed; offered 01/12/22 22101029D
Referred to Committee on Finance
Bill Text Versions | Format |
---|---|
Prefiled and ordered printed; offered 01/12/22 22101029D | PDF HTML |
Committee substitute printed 22105491D-H1 | PDF HTML |
HB462ER | PDF HTML |
CHAP0008 | PDF HTML |
Document | Format |
---|---|
Fiscal Impact Statement: HB462FER161.PDF | |
Fiscal Impact Statement: HB462FH1161.PDF | |
Fiscal Impact Statement: HB462F161.PDF | |
Amendment: HB462ASE | HTML |
Amendment: HB462AS | HTML |
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