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CS/SB 380: Tax Exemption/Fractional Aircraft Ownership Prog. [EPCC]

GENERAL BILL by Commerce ; Fasano

Tax Exemption/Fractional Aircraft Ownership Prog. [EPCC]; Defines "fractional aircraft ownership program" as a program that meets specified federal requirements, except that the program must include a minimum of 25 aircraft owned or leased by the business or affiliated group providing the program. Provides exemptions for the sale or use of an aircraft for primary use in a fractional aircraft ownership program, etc.

Effective Date: 07/01/2008
Last Action: 5/2/2008 Senate - Died in Committee on Finance and Tax
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
10/1/2007 Senate • Filed
12/13/2007 Senate • Referred to Commerce; Finance and Tax; General Government Appropriations
2/11/2008 Senate • On Committee agenda-- Commerce, 02/19/08, 1:45 pm, 401-S
2/19/2008 Senate • CS by Commerce; YEAS 7 NAYS 1
2/21/2008 Senate • Pending reference review under Rule 4.7(2)
3/4/2008 Senate • Introduced, referred to Commerce; Finance and Tax; General Government Appropriations -SJ 00026; On Committee agenda-- Commerce, 02/19/08, 1:45 pm, 401-S; CS by Commerce; YEAS 7 NAYS 1 -SJ 00131; CS read 1st time on 03/04/08 -SJ 00124; Pending reference review under Rule 4.7(2)
3/6/2008 Senate • Now in Finance and Tax -SJ 00131
5/2/2008 Senate • Died in Committee on Finance and Tax