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Bill > S0432


FL S0432

FL S0432
Tax Exemptions


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

2013 Regular Session

Bill Summary

Establishing a lower takeoff weight threshold for rotary wing aircraft qualifying for certain tax exemptions, etc.

AI Summary

This bill amends Florida Statute 212.08 to expand tax exemptions for aircraft repair and maintenance. Specifically, it lowers the maximum certified takeoff weight threshold from 10,000 pounds to 2,000 pounds for rotary wing aircraft (helicopters) to qualify for exemptions on labor charges for repair and maintenance, as well as for replacement engines, parts, and equipment installed during such repairs. This change aims to make more helicopter repair and maintenance services and parts tax-exempt, potentially encouraging more of this type of business within the state.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (2)

Last Action

Died in Appropriations Subcommittee on Finance and Tax, companion bill(s) passed, see CS/SB 406 (Ch. 2013-42) (on 05/03/2013)

bill text


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