S858 GENERAL BILL/CS by Commerce; Altman (Similar CS/CS/H 0913, Compare CS/2ND ENG/S 1752) Sales Tax/Fractional Aircraft Ownership Program [WPSC]; Defines the term "fractional aircraft ownership program." Provides tax exemptions on the sale or use of aircraft primarily used in a fractional aircraft ownership program and for the parts and labor used in the maintenance, repair, and overhaul of such aircraft. Provides a maximum tax on the sale or use of fractional aircraft ownership interests. EFFECTIVE DATE: 07/01/2010. 12/07/09 SENATE Filed 01/14/10 SENATE Referred to Commerce; Finance and Tax; Policy & Steering Committee on Ways and Means 03/02/10 SENATE Introduced, referred to Commerce; Finance and Tax; Policy & Steering Committee on Ways and Means -SJ 00061 04/02/10 SENATE On Committee agenda-- Commerce, 04/07/10, 10:15 am, 401-S 04/07/10 SENATE CS by Commerce; YEAS 9 NAYS 1 -SJ 00552; CS read 1st time on 04/14/10 -SJ 00555 04/09/10 SENATE Pending reference review under Rule 4.7(2) - (Committee Substitute) 04/12/10 SENATE Now in Finance and Tax -SJ 00552; On Committee agenda-- Finance and Tax, 04/13/10, 2:45 pm, 301-S 04/13/10 SENATE Favorable by Finance and Tax; YEAS 5 NAYS 0 -SJ 00551 04/14/10 SENATE Now in Policy & Steering Committee on Ways and Means -SJ 00551 04/30/10 SENATE Died in Committee on Policy & Steering Committee on Ways and Means, companion bill(s) passed, see CS/SB 1752 (Ch. 2010-147)
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