Bill > SB447

This bill amends section 5739.02 of the Ohio Revised Code to exempt sales of aircraft from state sales tax when certain conditions are met, specifically when the aircraft is sold and delivered in Ohio to a nonresident, is not intended to be registered or based in Ohio, and is removed from the state within thirty days of its conveyance filing with the Federal Aviation Administration (FAA) or its return to service approval after maintenance. This change aims to encourage aircraft sales within Ohio by removing a tax barrier for out-of-state buyers, providing context for a broader effort to stimulate economic activity related to aviation.