Report Title:
General Excise Tax; Exemption; Aircraft Training Facilities
Description:
Provides a general excise tax exemption for an aircraft training facility that offers high technology simulator training.
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THE SENATE |
S.B. NO. |
2496 |
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TWENTY-FOURTH LEGISLATURE, 2008 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to taxation.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 237-24.9, Hawaii Revised Statutes, is amended to read as follows:
"§237-24.9 Aircraft service and
maintenance facility[.]; aircraft training facility. (a)
This chapter shall not apply to amounts received from the servicing and
maintenance of aircraft or from the construction of an aircraft service and
maintenance facility, or an aircraft training facility in the State.
(b) As used in this section:
"Aircraft" means any craft or artificial contrivance of whatever description engaged in intrastate, interstate, or international scheduled commercial use as defined in chapter 263, that operates with two or more jet engines.
"Aircraft service and maintenance" means all scheduled and unscheduled tasks performed within an aircraft service and maintenance facility for the inspection, modification, maintenance, and repair of aircraft and related components including engines, hydraulic and electrical systems, and all other components which are an integral part of an aircraft.
"Aircraft service and maintenance facility" means a facility for aircraft service and maintenance that is not less than thirty thousand square feet in area, and which may include ancillary space which is integral to the facility, such as parts and inventory warehouse space, tool rooms, and related administrative and employee space.
"Aircraft training facility" means a facility for aircraft training that includes high technology simulator training, general aviation training equipment, and dormitories for a minimum of two hundred students.
"Construction of an aircraft service and maintenance facility" means all design, engineering, labor, and material costs associated with the construction of facilities the principle purpose of which is the provision of facilities for aircraft service and maintenance.
"Maintenance" means the upkeep of aircraft engines, hydraulic and electrical systems, and all other components which are an integral part of an aircraft, but does not include refueling, janitorial services or cleaning, restocking of aircraft and passenger supplies, or loading or unloading of cargo and passenger baggage."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2008.
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INTRODUCED BY: |
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