Retail Sales and Use Tax; extends sunset date for exemption of aircraft components. (HB462)
Introduced By
Del. Terry Austin (R-Buchanan) with support from co-patron Del. Dave LaRock (R-Loudoun)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Sales and use tax exemption; aircraft components. Extends the sunset date for the sales and use tax exemption for parts, engines, and supplies used for maintaining, repairing, or reconditioning aircraft or any aircraft's avionics system, engine, or component parts from July 1, 2022, to July 1, 2025. The bill also restricts the exemption for manned systems to aircraft with a maximum takeoff weight of at least 2,400 pounds. This bill is identical to SB 701. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/11/2022 | Committee |
| 01/11/2022 | Prefiled and ordered printed; offered 01/12/22 22101029D |
| 01/11/2022 | Referred to Committee on Finance |
| 01/20/2022 | Impact statement from TAX (HB462) |
| 01/20/2022 | Assigned Finance sub: Subcommittee #2 |
| 01/31/2022 | House subcommittee amendments and substitutes offered |
| 01/31/2022 | Subcommittee recommends reporting with substitute (9-Y 0-N) |
| 02/02/2022 | Committee substitute printed 22105491D-H1 |
| 02/02/2022 | Reported from Finance with substitute (21-Y 0-N) (see vote tally) |
| 02/04/2022 | Read first time |
| 02/07/2022 | Read second time |
| 02/07/2022 | Committee substitute agreed to 22105491D-H1 |
| 02/07/2022 | Engrossed by House - committee substitute HB462H1 |
| 02/08/2022 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
| 02/08/2022 | VOTE: Block Vote Passage (98-Y 0-N) (see vote tally) |
| 02/08/2022 | Reconsideration of passage agreed to by House |
| 02/08/2022 | Passed House BLOCK VOTE (99-Y 0-N) |
| 02/08/2022 | VOTE: Block Vote Passage #2 (99-Y 0-N) (see vote tally) |
| 02/09/2022 | Constitutional reading dispensed |
| 02/09/2022 | Referred to Committee on Finance and Appropriations |
| 02/14/2022 | Impact statement from TAX (HB462H1) |
| 02/15/2022 | Reported from Finance and Appropriations with amendment (16-Y 0-N) (see vote tally) |
| 02/16/2022 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 02/17/2022 | Read third time |
| 02/17/2022 | Reading of amendment waived |
| 02/17/2022 | Committee amendment agreed to |
| 02/17/2022 | Engrossed by Senate as amended |
| 02/17/2022 | Passed Senate with amendment (see vote tally) |
| 02/21/2022 | Senate amendment agreed to by House (98-Y 0-N) |
| 02/21/2022 | VOTE: Adoption (98-Y 0-N) (see vote tally) |
| 02/22/2022 | Enrolled |
| 02/22/2022 | Bill text as passed House and Senate (HB462ER) |
| 02/22/2022 | Signed by Speaker |
| 02/22/2022 | Signed by President |
| 02/23/2022 | Impact statement from TAX (HB462ER) |
| 02/24/2022 | VOTE: Adoption (0-Y 0-N) (see vote tally) |
| 02/24/2022 | Enrolled Bill communicated to Governor on February 24, 2022 |
| 03/02/2022 | G Approved by Governor-Chapter 8 (effective 7/1/22) |
| 03/02/2022 | G Acts of Assembly Chapter text (CHAP0008) |
Post a Public Comment About this Bill