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Committee approves GE-tax exemption cleanup for aircraft maintenance
Summary
House Transportation Committee passed HB 1688 with amendments (HD1 adopted) to clarify a general excise tax exemption for aircraft maintenance parts and construction of maintenance facilities; the committee deferred the effective date for further deliberation.
HB 1688, which would provide a general excise tax exemption for the sale of materials, parts and tools used for aircraft service maintenance and for construction of aircraft maintenance facilities, advanced out of the House Transportation Committee on Feb. 12 with HD1 and technical edits.
The Department of Taxation stood on written testimony and offered to answer questions. Committee members discussed scope and clarified that "air carrier" would be defined by the Federal Aviation Act of 1958 to provide clearer statutory scope.
At roll call the committee recorded its vote on the recommendation to pass with amendments. The transcript lists the chair and vice chair voting 'aye' and names seven recorded 'aye' votes with two members excused; no 'no' votes were recorded. The committee noted it would defect the effective date in the committee report and include technical amendments for clarity and style.
Next steps: HB 1688 proceeds with the committee’s adopted HD1 and will be included in the committee report for further deliberation; the effective date will be deferred as requested by the committee.
