SB 740 Extends the aviation jet fuel sales and use tax exemption and expands the use of the Aviation Trust Fund
Sponsor: Pearce
LR Number: 5685S.01I Fiscal Note not available
Committee: Ways and Means and Fiscal Oversight
Last Action: 2/9/2012 - Second Read and Referred S Ways and Means and Fiscal Oversight Committee Journal Page: S235
Title: Calendar Position:
Effective Date: August 28, 2012

Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 2012 Senate Bills

Current Bill Summary


SB 740 - This act extends the aviation jet fuel sales and use tax exemption provided to common carriers in the interstate transportation of passengers and cargo from December 31, 2013 to December 31, 2023. The act also allows moneys in the aviation trust fund to be used for updating or establishing airport business plans and strategic plans at existing airports.

STEPHEN WITTE