SB574: Sales and Use Tax Exemption - Aircraft Parts and Equipment - Repeal of Reporting Requirement and Extension of Sunset

Legislative Summary

Repealing a certain reporting requirement relating to an exemption from the sales and use tax for certain materials, parts, and equipment used to repair, maintain, or upgrade aircraft or certain aircraft systems; and extending the termination date of the exemption from June 30, 2025, to June 30, 2030.