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HB2703

Virginia Aircraft S&UT; credit for tax paid on aircraft purchased from broker for noncommercial use.

Status:
Killed

Chief Patron:
Kim Taylor (R)

Session:
2025 Regular Session

Summary

As Introduced. Virginia Aircraft Sales and Use Tax Act; credit for tax paid on aircraft purchased from broker for noncommercial use.

Provides that a credit shall be granted against the tax imposed by the Virginia Aircraft Sales and Use Tax Act with respect to a person's use in the Commonwealth of an aircraft purchased from any broker, defined in the bill, for noncommercial use in an amount equal to the tax paid by such person to such broker. (Less)
  • Bill History

  • 01/16/2025 - House: Presented and ordered printed 25104709D
  • 01/16/2025 - House: Referred to Committee on Finance
  • 01/24/2025 - House: Assigned Finance sub: Subcommittee #1
  • 01/24/2025 - House: Placed on Finance Agenda
  • 01/25/2025 - House: Impact statement from TAX (HB2703)
  • 02/04/2025 - House: Left in Finance