VirginiaHB27032025 Regular SessionHouse

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

Sponsored By: Kim A. Taylor (Republican)

Failed

Summary

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.

Subcommittee #1

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Kim A. Taylor

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Left in Finance

    2/4/2025House
  2. Impact statement from TAX (HB2703)

    1/25/2025House
  3. Assigned Finance sub: Subcommittee #1

    1/24/2025House
  4. Referred to Committee on Finance

    1/16/2025House
  5. Presented and ordered printed 25104709D

    1/16/2025House

Bill Text

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