Income tax exemption for launch services and payload. (SB401)

Introduced By

Sen. Phil Puckett (D-Tazewell)


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 »


01/30/2008: Merged into SB286


01/08/2008Prefiled and ordered printed; offered 01/09/08 087876300
01/08/2008Referred to Committee on Finance
01/12/2008Impact statement from TAX (SB401)
01/30/2008Incorporated by Finance (SB286-Wampler) (16-Y 0-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: HB238, HB351, HB874 and SB286.