SB942
RS & UT; exemption for aircraft components, extends sunset.
Summary
As Passed House of Origin. Retail sales and use tax; aircraft components.
Extends the sunset date for the sales and use tax exemption for parts, engines, and supplies used for maintaining, repairing, or reconditioning aircraft or any aircraft's avionics system, engine, or component parts to July 1, 2030. This bill is identical to HB 1729.-
Bill History
- 01/06/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25102041D
- 01/06/2025 - Senate: Referred to Committee on Finance and Appropriations
- 01/14/2025 - Senate: Impact statement from TAX (SB942)
- 01/23/2025 - Senate: Reported from Finance and Appropriations with substitute (13-Y 0-N)
- 01/23/2025 - Senate: Committee substitute printed 25105831D-S1
- 01/27/2025 - Senate: Rules suspended
- 01/27/2025 - Senate: Constitutional reading dispensed (on 1st reading) (36-Y 0-N)
- 01/27/2025 - Senate: Passed by for the day
- 01/28/2025 - Senate: Read second time
- 01/28/2025 - Senate: Passed by for the day
- 01/29/2025 - Senate: Read second time
- 01/29/2025 - Senate: Reading of substitute waived
- 01/29/2025 - Senate: Finance and Appropriations Substitute agreed to
- 01/29/2025 - Senate: Engrossed by Senate - committee substitute
- 01/29/2025 - Senate: Rules suspended
- 01/29/2025 - Senate: Constitutional reading dispensed (on 3rd reading) (38-Y 0-N)
- 01/29/2025 - Senate: Passed Senate (38-Y 0-N)
- 02/05/2025 - House: Placed on Calendar
- 02/05/2025 - House: Read first time
- 02/05/2025 - House: Referred to Committee on Finance
- 02/05/2025 - Senate: Impact statement from TAX (SB942)
- 02/06/2025 - House: Placed on Finance Agenda
- 02/12/2025 - House: Reported from Finance with substitute (22-Y 0-N)
- 02/12/2025 - House: Committee substitute printed 25107278D-H1
- 02/14/2025 - House: Read second time
- 02/17/2025 - House: Read third time
- 02/17/2025 - House: Finance Substitute agreed to
- 02/17/2025 - House: Engrossed by House - committee substitute
- 02/17/2025 - House: Passed House with substitute (95-Y 0-N)
- 02/17/2025 - House: Reconsideration of House passage agreed to by House
- 02/17/2025 - House: Passed House with substitute (96-Y 0-N)
- 02/18/2025 - Senate: House substitute rejected by Senate (0-Y 40-N)
- 02/19/2025 - House: House insisted on substitute
- 02/19/2025 - House: House requested conference committee
- 02/20/2025 - Senate: Senate acceded to request (39-Y 0-N)
- 02/20/2025 - Senate: Conferees appointed by Senate
- 02/20/2025 - Senate: Senators: DeSteph, Deeds, VanValkenburg
- 02/20/2025 - House: Conferees appointed by House
- 02/20/2025 - House: Delegates: Delaney, Anthony, Runion
- 02/22/2025 - Amended by conference committee
- 02/22/2025 - Senate: Conference report agreed to by Senate (40-Y 0-N)
- 02/22/2025 - House: Conference report agreed to by House (95-Y 2-N)
- 03/07/2025 - Senate: Enrolled
- 03/07/2025 - Senate: Bill text as passed Senate and House (SB942ER)
- 03/07/2025 - Senate: Impact statement from TAX (SB942)
- 03/07/2025 - House: Signed by Speaker
- 03/10/2025 - Senate: Signed by President
- 03/11/2025 - Senate: Enrolled Bill Communicated to Governor on March 11, 2025
- 03/11/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/19/2025 - Approved by Governor-Chapter 152 (Effective 07/01/25)
- 03/19/2025 - Acts of Assembly Chapter text (CHAP0152)
