ID H0417

Exempts repair and replacement materials and parts installed on aircraft used for common carrier passenger or freight services and air ambulance services from Idaho sales and use tax.

Exempts industry standard, FAA-approved materials, parts and components installed on non-resident privately owned aircraft by qualified employees of an FAA-approved Idaho repair station from sales and use tax.

Tools and equipment used in aircraft remodeling, repair, or maintenance remain subject to sales and use tax and are not exempt.

Declares an emergency and establishes a sunset date of June 30, 2016, after which the provisions expire.