SB 958 - Nieves, Brian
Creates an exemption for sales of aircraft to nonresidents
Bill Details
Sponsor
LR Number
6283S.01P
Title
SB 958
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2014
Committee
Current Status
Hearing Scheduled But Not Heard H Ways and Means Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 958 - This act creates a sales and use tax exemption for aircraft sold to non-Missouri residents. To be eligible for the exemption, the aircraft cannot be based in the state and must be removed from the state within 10 days of the later of transfer of title or a return to service associated with a transfer of title.
This act is similar to a provision contained in SB 777 (2014).
MIKE HAMMANN