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FL H0269
Bill
Status
Failed
3/8/2024
Primary Sponsor
Toby Overdorf
Click for details
AI Summary
- Caps the maximum sales and use tax collected on each sale or use of an aircraft in Florida at $18,000, adding aircraft to the existing cap that previously applied only to boats
- Expands the sales tax exemption on aircraft sales or leases for common carriers by removing the previous weight restriction of "more than 15,000 pounds" maximum certified takeoff weight, now covering aircraft of "less than 12,500 or more than 15,000 pounds"
- Adds "qualified aircraft" as a new category eligible for the common carrier sales and lease tax exemption
- Defines "common carrier" as an airline operating under FAA regulations in 14 CFR Part 121 or Part 129
- Effective date of July 1, 2024
Legislative Description
Aircraft Taxes
Last Action
Died in Ways & Means Committee
3/8/2024
Committee Referrals
Ways and Means Committee11/2/2023
Full Bill Text
No bill text available