SB 740 - Pearce, David
Extends the aviation jet fuel sales and use tax exemption and expands the use of the Aviation Trust Fund
Bill Details
Sponsor
Pearce, David
LR Number
5685S.01I
Title
SB 740
House Handler
N/A
Journal Page
Effective Date
August 28, 2012
Committee
Current Status
Second Read and Referred S Ways and Means and Fiscal Oversight Committee
Quick Links
Amendments
No amendments available
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