SB 498
Amends sales and use tax exemption for aircraft sales to not-for-profit organizations
Sponsor:
LR Number:
1903S.01I
Committee:
Last Action:
3/10/2005 - Hearing Conducted S Ways & Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2005

Current Bill Summary

SB 498 - This act amends the provision allowing a sales tax exemption for sales of aircraft to common carriers for storage or for use in interstate commerce and all sales made by or to not-for profit organizations in their civic or charitable functions and activities. Under current law not-for-profit organizations would receive this exemption only if the sale was made solely in their civic or charitable functions and activities.

JASON ZAMKUS

Amendments