| SP0770 LD 1976 |
First Special Session - 123rd Legislature - Text: MS-Word, RTF or PDF |
LR 3016 Item 3 |
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| Bill Tracking | Chamber Status | ||
Amend the bill in section 6 by striking out all of subsection 88 (page 1, lines 17 to 21 in L.D.) and inserting the following:
Amend the bill by adding before the summary the following:
‘Sec. 7. Application. This Act applies retroactively to sales, leases or uses that occur on or after July 1, 2007.’
SUMMARY
This amendment is the minority report. This amendment narrows the expansion of the sales and use tax exemption for certain aircraft by limiting it to any aircraft purchased, leased or used in the State by a nonresident after July 1, 2007.