An Act To Sustain Maine's Aviation Industry by Extending the Exemption from Sales and Use Tax for Aircraft and Parts
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §1760, sub-§88-A, as enacted by PL 2011, c. 380, Pt. GGGG, §3, is amended to read:
88-A. Aircraft and parts. Sales, use or leases of aircraft and sales of repair and replacement parts exclusively for use in aircraft or in the significant overhauling or rebuilding of aircraft or aircraft parts or components from July 1, 2011 to June 30, 2015.
summary
This bill permanently exempts aircraft and aircraft parts from Maine's sales and use tax. The exemption is currently scheduled to expire on June 30, 2015.