FL S0712

Expands the sales and use tax exemption to cover all aircraft sales or leases, rather than limiting it to aircraft weighing more than 15,000 pounds used by common carriers.

Removes the definition of "common carrier" (airlines operating under FAA Title 14, chapter I, parts 121 or 129) that previously limited the aircraft exemption.

Modifies the qualified aircraft exemption in section 212.0801 to apply only to repair and maintenance services, removing references to aircraft leases and purchases.

Requires purchasers of qualified aircraft repair or maintenance to offer in writing to participate in flight training and research programs with Florida universities offering aeronautical or aerospace engineering graduate programs.

Takes effect July 1, 2015.