EXPANSION OF AVIATION SALES TAX EXEMPTION.

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View NCGA Bill Details2023-2024 Session
House Bill 216 (Public) Filed Tuesday, February 28, 2023
AN ACT TO BROADEN THE SALES AND USE TAX EXEMPTION ON AVIATION PARTS AND ACCESSORIES USED FOR THE REPAIR OR MAINTENANCE OF AIRCRAFT AND RELATED SERVICE CONTRACTS TO ALL AIRCRAFT WITH A MAXIMUM TAKE-OFF WEIGHT OF TWO THOUSAND POUNDS AND ABOVE.
Intro. by Hardister, Howard, Ross, Clemmons.
Status: Ref to the Com on Finance, if favorable, Rules, Calendar, and Operations of the House (House action) (Mar 1 2023)

Bill History:

H 216

Bill Summaries:

  • Bill H 216 (2023-2024)
    Summary date: Feb 28 2023 - View Summary

    Amends the definition of qualified aircraft in GS 105-164.3 as it applies in Article 5 of GS Chapter 105 (Sales and Use Tax) to include an aircraft with a maximum take-off weight of more than 2,000 pounds (was, maximum take-off weight of more than 9,000 but not exceeding 15,000 pounds). Applies to sales occurring on or after July 1, 2023.

    Government, Tax, Transportation
    GS 105
View: All Summaries for Bill