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House votes to revert last year's aircraft parts tax change, refunds affected company
Summary
The Utah House passed HB 2,001 to undo changes from last year's HB 165 that unexpectedly expanded tax treatment of some in-state companies; sponsor said the bill will refund taxes to an affected Utah company and shifts the fiscal note from a prior negative estimate to a modest positive.
The Utah House on special session moved Wednesday to undo a prior change related to sales-tax treatment for aircraft parts and equipment, voting 68-0 to pass HB 2,001 and send it to the Senate.
Representative Brad D., the bill sponsor, told members the measure "basically negate[s] House Bill 165" from the previous session after attorneys and staff discovered that a narrowed set of NAICS codes had an…
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