S 246·VT·senate
An act relating to tax exemptions for noncommercial aircraft and revenue sharing with airports
FailedFiled Jan 14, 2026
Sponsor: Brian Collamore (R)
Latest Action
Read 1st time & referred to Committee on Transportation
Jan 14, 2026
Summary
The legislation adds non‑commercial aircraft and related parts to Vermont’s sales and use tax exemption and exempts them from property tax. It also directs the Commissioner of Taxes, with the Agency of Transportation, to examine how sales, use, and property tax revenues from air commerce could be shared with state airports, with a report due by Dec. 15, 2026. The act would take effect on July 1, 2026.
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