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ID H0540
Bill
Status
3/31/2016
Primary Sponsor
Revenue and Taxation Committee
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AI Summary
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Amends Idaho Code Section 63-3622GG to add a new exemption from sales and use tax for fixed-wing aircraft primarily used as an air tactical group supervisor platform under contract with a governmental entity for wildfire activity.
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Adds subsection (5) to the existing aircraft tax exemption statute, specifying that the exemption applies to the sale, lease, purchase, or use of such aircraft.
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Updates subsection (4) to reference the new subsection (5) in addition to existing subsections (1) and (2) for repair and replacement materials installed on qualifying aircraft.
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Declares an emergency and makes the act effective on June 30, 2016.
Legislative Description
Amends existing law to provide a sales and use tax exemption for the sale, lease, purchase or use of fixed-wing aircraft primarily used as an air tactical group supervisor platform under contract with a governmental entity for wildfire activity.
SALES AND USE TAX
Last Action
Reported Signed by Governor on March 31, 2016 Session Law Chapter 326 Effective: 06/30/2016
3/31/2016