Bill > SB948

This bill modifies the aircraft registration requirements and fees in Virginia by updating several key provisions. The bill changes the registration period definition from "calendar year" to "12-month period" and introduces new multiyear registration options for different types of aircraft registrations. For noncommercial single aircraft, the annual registration fee increases from $5 to $30, with new options for two-year ($55 total) and three-year ($70 total) registrations. Noncommercial dealer fleet registration fees increase from $50 to $75 annually, with similar two-year and three-year registration options. Commercial fleet registration fees rise from $100 to $150 annually, also with multiyear registration choices. Commercial single aircraft registration fees increase from $10 to $40 annually, with two-year ($70 total) and three-year ($95 total) options available. The bill maintains an existing exemption for aircraft brought into Virginia solely for major maintenance or repair, requiring proof of out-of-state base and specific maintenance documentation. These changes aim to provide more flexible registration periods and adjust fees to potentially better support administrative costs of aircraft registration.

Budget and Finance, Transportation and Infrastructure

https://lis.virginia.gov/bill-details/20251/SB948