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HI HB421
Bill
Status
Engrossed
2/28/2019
Primary Sponsor
Richard Onishi
Click for details
AI Summary
- Establishes a five-year general excise tax exemption for helicopter servicing, maintenance, and facility construction from January 1, 2020 through December 31, 2024.
- Expands the definition of "aircraft" to include helicopters in addition to jet-powered commercial aircraft operating under chapter 263.
- Requires helicopter service and maintenance facilities to ensure that at least 75 percent of helicopters serviced and maintained annually are equipped with quiet technology.
- Defines "quiet technology" as design modifications to reduce overall noise levels by using structural and technological improvements to the engine exhaust, tail rotor, or main rotor systems.
- Sunsets on December 31, 2024, with the prior statutory language automatically reinstated unless further legislative action is taken.
Legislative Description
Relating To The General Excise Tax.
General Excise Tax
Last Action
Carried over to 2020 Regular Session.
12/1/2019
Committee Referrals
Transportation3/5/2019
Finance2/15/2019
Economic Development & Business2/6/2019
Transportation1/22/2019
Full Bill Text
No bill text available