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Retail sales and use tax; aircraft components. Removes the July 1, 2025, sunset for the retail sales and use tax exemption for parts, engines, and supplies used for maintaining, repairing, or reconditioning aircraft or any aircraft's avionics system, engine, or component parts. The bill also redefines a manned systems aircraft for purposes of the exemption to include aircraft with any maximum takeoff weight. Under current law, a manned systems aircraft is defined to include only aircraft with a maximum takeoff weight of at least 2,400 pounds. This bill was incorporated into HB 1729.
Introduced
Jan 7, 2025
Last Action
Jan 22, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Incorporated by Finance (HB1729-Delaney) (Voice Vote)
Subcommittee recommends incorporating into HB1729-Delaney (Voice Vote)
Assigned Finance sub: Subcommittee #2
Impact statement from TAX (HB2248)
Prefiled and ordered printed; Offered 01-08-2025 25103134D
Referred to Committee on Finance
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Incorporated by Finance (HB1729-Delaney) (Voice Vote)
Chris S. Runion