Budget deficit derails Florida use-tax exemption
Budget deficit derails Florida use-tax exemption
Out-of-state aircraft owners who fly into Florida within six months of purchasing their aircraft could still be faced with a hefty use tax. The legislature adjourned last week without passing AOPA-backed legislation that would exempt aircraft that were in the state less than 21 days. Because of a $5 billion state deficit, many bills that included a tax exemption failed in the Senate. AOPA will work to push through the exemption if the legislature reconvenes in a special session later this summer.
May 9, 2008
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