# Virginia HB2703: Virginia Aircraft S&UT; credit for tax paid on aircraft purchased from broker for noncommercial use.

Virginia HB2703, Virginia Aircraft S&UT; credit for tax paid on aircraft purchased from broker for noncommercial use., is a 2025 Regular Session House bill sponsored by Kim A. Taylor (Republican); status failed, last action 2025-02-04 (Left in Finance) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2703-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2703
- State: Virginia
- Session: 2025 Regular Session
- Title: Virginia Aircraft S&UT; credit for tax paid on aircraft purchased from broker for noncommercial use.
- Status: failed
- Chamber: House
- Introduced: 2025-01-16
- Last action: 2025-02-04, Left in Finance
- Sponsor: Kim A. Taylor (Republican)
- Cosponsors: 0
- Subjects: Subcommittee #1
- Touches household money: no
- Economic provisions PRIA read: 0

## 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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Kim A. Taylor (Republican), House

## Actions (5)

- 2025-02-04: Left in Finance (House)
- 2025-01-25: Impact statement from TAX (HB2703) (House)
- 2025-01-24: Assigned Finance sub: Subcommittee #1 (House)
- 2025-01-16: Referred to Committee on Finance (House)
- 2025-01-16: Presented and ordered printed 25104709D (House)

## Bill text

- Introduced, 2025-01-16: [HTML](https://lis.blob.core.windows.net/files/1021975.HTML), [PDF](https://lis.blob.core.windows.net/files/1021974.PDF)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1021975.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1021974.PDF)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
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- [Virginia state hub](https://policyrisk.com/states/virginia)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB2703-2025 (as of 2026-10-17).