Income tax, state; exemption for launch services and payload to space flight participants. (HB351)

Introduced By

Del. Mark Cole (R-Fredericksburg)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Income tax exemption for launch services and payload. Grants an income tax exemption for income resulting from the sale of launch services to space flight participants or launch services intended to provide individuals the training or experience of a launch, without performing an actual launch. The bill also grants an income tax exemption for any gain recognized as a result of resupply services contracts for delivering payload entered into with the Commercial Orbital Transportation Services division of the National Aeronautics and Space Administration or other space flight entity. Read the Bill »


02/04/2008: Merged into HB238


01/04/2008Prefiled and ordered printed; offered 01/09/08 085671468
01/04/2008Referred to Committee on Finance
01/14/2008Impact statement from TAX (HB351)
01/15/2008Assigned Finance sub: 2
02/04/2008Incorporated by Finance (HB238-Cosgrove)

Duplicate Bills

The following bills are identical to this one: HB238, HB874, SB286 and SB401.