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AI Summary: The bill aims to exempt certain aircraft from ad valorem taxation. It focuses on specific tax provisions related to aircraft and seeks to eliminate or reduce taxes on these assets. This exemption could have significant impacts on the aviation industry, potentially reducing financial burdens for aircraft owners and operators.
Latest Action: Read for the first time and referred to the House Committee on Ways and Means General Fund
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Actions (13):
2024-02-15 : Read for the first time and referred to the House Committee on Ways and Means General Fund
2024-02-15 : Pending House Ways and Means General Fund
2024-02-21 : Reported Out of Committee House of Origin
2024-02-21 : Read for the Second Time and placed on the Calendar
2024-02-21 : Committee Amendment Adopted Z6B7KWR-1
2024-02-21 : Committee Engrossed Substitute Adopted IT8T6W6-1
2024-02-22 : Third Reading in House of Origin
2024-02-22 : W&MGF 2nd Reported Substitute Offered from House Ways and Means General Fund IT8T6W6-1
2024-02-22 : Motion to Adopt - Adopted Roll Call 79 IT8T6W6-1
2024-02-22 : Motion to Read Again a Third Time and Pass as Amended - Adopted Roll Call 80
2024-02-22 : Engrossed
2024-02-27 : Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
2024-02-27 : Pending Senate Finance and Taxation General Fund
Democrat Republican
74%
26%
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