Extends the jet fuel sales tax exemption until 2043

Summary

The bill keeps jet fuel sold to airlines that transport passengers or cargo across state lines free from state sales and use tax until the end of 2043. It limits the exemption to $1.5 million of tax revenue per year and requires carriers to certify eligibility. Any tax that is still collected is deposited into the state aviation trust fund, up to $10 million each year.

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