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AZ SB1636
Bill
Status
6/21/2024
Primary Sponsor
Frank Carroll
Click for details
AI Summary
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Amends Arizona Revised Statutes Section 42-5351 to expand the definition of "jet fuel" for excise and use tax purposes.
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Defines jet fuel as crude oil or crude oil fractions that are liquid at 60 degrees Fahrenheit and 14.7 pounds per square inch absolute, specifically manufactured and blended for jet or turbine powered aircraft.
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Includes aviation turbine fuels with conventional and synthetic blending components usable without modifying aircraft engines or fuel infrastructure.
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Includes jet fuels derived from coprocessed feedstocks at conventional petroleum refineries.
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Applies to taxable periods beginning on or after the first day of the month following the general effective date; approved by the Governor on June 21, 2024.
Legislative Description
Excise tax; jet fuel; definition
Definitions
Last Action
Chapter 242
6/21/2024