HB 1284 -- TAXATION OF AIRCRAFT

SPONSOR: Pike

This bill increases the number of hours of operation per year a noncommercial aircraft at least 25 years old can fly from less than 50 hours to less than 100 hours in order to be assessed and valued at 5% of the aircraft's true value for property tax purposes.

This bill is the same as HB 1205 (2019).

Statutes affected:
Introduced (3919H.01): 137.115