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CS/SB 858: Sales Tax/Fractional Aircraft Ownership Program [WPSC]

GENERAL BILL by Commerce ; Altman

Sales Tax/Fractional Aircraft Ownership Program [WPSC]; Defines the term "fractional aircraft ownership program." Provides tax exemptions on the sale or use of aircraft primarily used in a fractional aircraft ownership program and for the parts and labor used in the maintenance, repair, and overhaul of such aircraft. Provides a maximum tax on the sale or use of fractional aircraft ownership interests.

Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Committee on Policy & Steering Committee on Ways and Means, companion bill(s) passed, see CS/SB 1752 (Ch. 2010-147)
Bill Text: Web Page | PDF

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  • Bill History

  • CS/SB 858, Committee Substitute 1 (Current Bill Version) Posted 4/9/2010 at 9:27 AM

  • SB 858, Original Filed Version Posted 12/7/2009 at 1:30 PM