FL H0693

Expands the sales and use tax exemption to include all aircraft sales or leases, removing the previous limitation that exempted only qualified aircraft or aircraft over 15,000 pounds used by common carriers.

Deletes the definition of "common carrier" from Florida Statutes section 212.08 as it is no longer needed under the broadened exemption.

Requires purchasers or lessees of qualified aircraft to offer in writing to participate in a flight training and research program with two or more Florida universities offering graduate aeronautical or aerospace engineering programs.

Maintains the requirement that purchasers or lessees provide dealers with exemption certificates for aircraft repairs, maintenance, purchases, or leases to qualify for tax-exempt status.

Takes effect July 1, 2015.