Outside Section 18

Repeal Sales Tax Exemption for Aircraft

SECTION 18.   (A) The definition of "Tangible personal property" in section 1 of chapter 64H of the General Laws, as appearing in the 2008 Official Edition, is hereby amended by adding the following sentence:- A transfer of an interest in an aircraft may be considered a transfer of tangible personal property under rules determined by the commissioner.

(B) Section 6 of said chapter 64H, as so appearing, is hereby amended by striking out paragraph (v v).

(C) Section 7 of chapter 64I of the General Laws, as so appearing, is hereby amended by striking out paragraph (e).

(D) This section shall take effect on August 1, 2010.
 
 

Summary:
This section repeals the sales and use tax exemptions for aircraft. It leaves in effect the exemption for aircraft parts.