SB 498 - Mayer, Rob
Amends sales and use tax exemption for aircraft sales to not-for-profit organizations
Bill Details
Sponsor
LR Number
1903S.01I
Title
SB 498
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2005
Committee
Current Status
Hearing Conducted S Ways & Means Committee
Quick Links
Amendments
No amendments available
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