By AOPA ePublishing staff
A bill that would exempt all aircraft from Maine’s sales and use tax is getting strong support from AOPA.
AOPA Vice President of Regional Affairs Greg Pecoraro testified in favor of the bill, Legislative Draft 1976, before the Joint Standing Committee on Taxation during a Feb. 26 session in Augusta. Bill sponsor, Senate President Beth Edmonds, herself a former pilot and AOPA member, would exempt all aircraft and parts that are used exclusively in the repair or significant overhauling of an aircraft from the state’s sales and use tax. Also testifying in favor of the bill were state legislators and AOPA members Sen. Lisa Marrache and Rep. Dave Miramant.
“Tax exemptions like the one proposed in Maine make aviation more affordable,” said Pecoraro. “Such exemptions can stimulate aviation growth, providing economic benefits that exceed the revenue generated by the tax.”
Existing state law already provides sales tax exemptions for some larger aircraft, but recent attempts to impose the tax on aircraft that are purchased and based outside of Maine have caused serious concerns for the aviation community.
February 28, 2008