A bill for an act crediting excise taxes imposed upon the sale of aircraft to the aviation fund.

Summary

The bill moves the 6% use tax collected on aircraft purchases into a newly created state aviation fund instead of the general fund. It impacts aircraft buyers, the Department of Transportation, and the state's budgeting of aviation projects. By earmarking these revenues, the measure seeks to provide a stable source of money for airport engineering, construction, windsock programs, and marketing at commercial service airports.

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