Aircraft; establishes separate class of tangible personal property therefor. (SB1171)

Introduced By

Sen. Ken Stolle (R-Virginia Beach)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Tangible personal property; classifications. Establishes a separate class of tangible personal property for aircraft that are (i) at least 50 years old and (ii) used only for (a) exhibit or display to the general public or (b) air show and flight demonstrations. Aircraft used for commercial or private general transportation would not be included in this new class of property. Read the Bill »


03/20/2007: signed by governor


01/10/2007Prefiled and ordered printed; offered 01/10/07 077431820
01/10/2007Referred to Committee on Finance
01/17/2007Impact statement from TAX (SB1171)
02/01/2007Constitutional reading dispensed (39-Y 0-N)
02/01/2007VOTE: (39-Y 0-N) (see vote tally)
02/02/2007Read second time
02/02/2007Reading of amendment waived
02/02/2007Committee amendment agreed to
02/02/2007Engrossed by Senate as amended SB1171E
02/02/2007Printed as engrossed 077431820-E
02/05/2007Read third time
02/05/2007Passed Senate (38-Y 0-N 1-A)
02/05/2007VOTE: (38-Y 0-N 1-A) (see vote tally)
02/05/2007Communicated to House
02/06/2007Impact statement from TAX (SB1171E)
02/06/2007Placed on Calendar
02/06/2007Read first time
02/06/2007Referred to Committee on Finance
02/12/2007Reported from Finance (20-Y 1-N) (see vote tally)
02/13/2007Read second time
02/14/2007Read third time
02/14/2007Passed House (92-Y 2-N)
02/20/2007Bill text as passed Senate and House (SB1171ER)
02/21/2007Signed by Speaker
02/22/2007Signed by President
03/05/2007Impact statement from TAX (SB1171ER)
03/20/2007G Approved by Governor-Chapter 609 (effective 7/1/07)
04/03/2007G Acts of Assembly Chapter text (CHAP0609)

Duplicate Bills

The following bills are identical to this one: HB2013.