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Bill > HF2183

IA HF2183

IA HF2183
A bill for an act crediting excise taxes imposed upon the sale of aircraft to the aviation fund.

summary

Introduced
01/28/2026
In Committee
01/28/2026
Crossed Over
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill credits excise taxes (use taxes) imposed upon the sale of aircraft to the state aviation fund. Currently, the use tax is imposed at a rate of 6 percent upon the sale of aircraft subject to registration under Code section 328.20, if the aircraft is purchased for use in this state. The bill changes the deposit of the use taxes from the sale of such aircraft from the general fund of the state to the state aviation fund. Moneys in the state aviation fund are for use by the department of transportation for airport engineering studies, construction or improvements, and the windsock program for public airports and marketing at commercial service airports.

AI Summary

This bill amends Iowa law to direct excise taxes, which are taxes on the sale of goods, specifically on aircraft purchases, into the state aviation fund instead of the general fund. Currently, a 6 percent use tax is applied to aircraft bought for use in the state, and this revenue typically goes to the state's general fund. However, this bill will reroute these specific aircraft excise tax revenues to the state aviation fund, which is managed by the department of transportation and used for airport improvements, engineering studies, and programs like the windsock program for public airports and marketing at commercial service airports.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduced, referred to Ways and Means. H.J. 163. (on 01/28/2026)

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