An Act To Enhance Economic Development by Encouraging Job and Business Growth in Maine's Aviation Industry

Sec. 1. 36 MRSA §1760, sub-§23-C, ¶B,  as enacted by PL 1999, c. 759, §2 and affected by §5, is amended to read:

Sec. 2. 36 MRSA §1760, sub-§23-C, ¶C,  as amended by PL 2005, c. 618, §2 and affected by §5, is repealed.

Sec. 3. 36 MRSA §1760, sub-§45, ¶A-2,  as amended by PL 2007, c. 438, §45, is further amended to read:

Sec. 4. 36 MRSA §1760, sub-§45, ¶A-3,  as amended by PL 2007, c. 691, §1 and affected by §2, is repealed.

Sec. 5. 36 MRSA §1760, sub-§88,  as enacted by PL 2005, c. 519, Pt. EE, §2 and affected by §3, is amended to read:

Sec. 6. Retroactivity. This Act applies retroactively to July 1, 2008.

summary

Current law provides an exemption from sales tax for aircraft purchased or leased by a nonresident and immediately transported out of the State and for certain other specifically designated aircraft.

This bill expands the current exemption to include sales and leases of all aircraft by a person, regardless of the type of aircraft or the state of residency of the purchaser. This bill also exempts sales of repair and replacement parts used exclusively in aircraft and in the overhauling and rebuilding of aircraft.

The exemptions are retroactive to July 1, 2008.