CO HB1083

Exempts aircraft sales and use from Colorado state sales tax when purchased by on-demand air carriers, effective January 1, 2019

Defines "on-demand air carrier" as an entity authorized by the Federal Aviation Administration to operate aircraft under 14 CFR 125, 133, or 135 for transporting people or property

Allows special districts and limited purpose governmental entities that levy sales tax to still tax on-demand air carrier aircraft if their authorization specifically references Article 26 of Title 39

Legislative findings state each aircraft creates slightly more than 5 jobs for operations and the exemption will help carriers update fleets with newer, safer aircraft and improve service to rural communities

Local governments must expressly include the on-demand air carrier exemption in their sales tax ordinances to apply it locally