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Committee advances bill to extend aviation tax-credit sunset to 2036
Summary
The Committee on Commerce, Labor and Economic Development voted to pass HB 24-64 favorably, a bill that would push the aviation/aerospace tax-credit program’s sunset from Dec. 31, 2026, to Dec. 31, 2036. The bill preserves existing credit mechanics and reporting requirements, lawmakers said.
The Committee on Commerce, Labor and Economic Development voted to pass HB 24-64 favorably out for passage after a brief explanation from a committee witness. Chairman Tarwater called the bill up for discussion and Revise Reimer summarized the measure.
Reimer said the bill does not change who qualifies for credits or how the credits are calculated; "this bill extends the sunset for the aviation tax credit program," he said, explaining the program currently expires on Dec. 31, 2026, and HB 24-64 would move that date to Dec. 31, 2036. The aviation-aerospace program includes three credits, Reimer said: an employer tuition-reimbursement credit (described in the transcript as found at "KSA 79 32 2 91") that covers 50% of tuition reimbursed, a compensation credit equal to 10% of compensation (with a listed per-employee limit of $15,000 per year), and an employee income tax credit of $5,000 that may be claimed for up to five years.
Representative Sutton asked whether the bill changed substantive program rules; Reimer replied, "That's correct," that the bill only alters the sunset date and does not change program mechanics. With no amendments offered, Representative (speaker 5) moved to report the bill favorably; Representative Laura Williams seconded. The committee conducted a voice vote; the chair called for "aye" and "no" and announced the motion passes.
The committee record also includes a reminder that the program has an annual reporting requirement to the House Committee on Appropriations and the Senate Committee on Ways and Means, which Reimer reiterated in his summary. The testimony presented did not indicate changes to eligibility criteria, carryforward rules, or refundability beyond the descriptions given in committee.
What happens next: The committee reported HB 24-64 favorably out for passage; the bill will continue through the legislative process where subsequent committees or the full chamber may consider it.
