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GA HB1045

Bill

Status

Introduced

2/19/2014

Primary Sponsor

Earl Ehrhart

Click for details

Origin

House of Representatives

2013-2014 Regular Session

AI Summary

  • Amends Georgia Code Section 48-8-3 to redefine "qualifying airline" for purposes of the jet fuel sales and use tax exemption
  • Adds a new requirement that a qualifying airline must have had an aggregate state sales and use tax liability of $15 million or less for the immediately preceding taxable year
  • Retains existing requirements that a qualifying airline hold an FAA air carrier operating certificate and provide regularly scheduled flights for transporting passengers or cargo for hire
  • Effectively limits the jet fuel tax exemption to smaller airlines by excluding carriers with state sales and use tax liabilities exceeding $15 million annually
  • Takes effect immediately upon the Governor's approval or upon becoming law without such approval

Legislative Description

State sales and use tax; taxes for certain jet fuel; change exemption

Last Action

House Second Readers

2/21/2014

Full Bill Text

No bill text available