HB496 Alabama 2023 Session

Summary

Primary Sponsor

Anthony Daniels Representative

Democrat

Session

Regular Session 2023

Title

Relating to taxation; to amend Section 40-23-4, Code of Alabama 1975, to exempt the purchase of a general aviation aircraft and any machinery or equipment installed on a general aviation aircraft from sales and use tax in certain circumstances.

Description

Under existing law, the state imposes sales and use taxes upon the purchase of certain items. Counties and municipalities impose additional sales and use taxes. The purchase of certain items is exempt from these taxes.

This bill would exempt the purchase of general aviation aircraft and machinery or equipment installed on the aircraft from sales and use tax in certain circumstances.

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Subjects

Sales and use tax, general aviation aircrafts, tax exemption provided for