Certain sales and use tax exemptions repealed, changes to deposit of revenues made, and conforming changes made.

Summary

The bill eliminates several exemptions that currently reduce sales and use tax on aircraft transactions and changes the destination of that tax revenue, sending it to the state treasury and the education fund. It also authorizes the commissioner of transportation to collect the aircraft sales tax on behalf of the commissioner of revenue. The changes take effect for sales and purchases made after June 30, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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