3.0.0 2501 2023-01-11T13:32:01Z 2023-01-11T13:32:01Z Senate S 2016-02-04 114 ssfi00 Finance Committee Senate Standing Referred to 2016-02-04T17:59:21Z Small Aircraft Tax Modification Act of 2016 114 2530 S 2016-02-10 Read twice and referred to the Committee on Finance. Related bill CRS 2016-02-04 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2016-02-04 Introduced in Senate IntroReferral 10000 9 Library of Congress M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK N Taxation Aviation and airports Sales and excise taxes Taxation 00 2016-02-04 Introduced in Senate 2016-03-07T19:52:05Z Small Aircraft Tax Modification Act of 2015 [sic]

This bill amends the Internal Revenue Code to expand eligibility for the exemption from the excise tax on the transportation of persons and property by air by: (1) increasing the limit on the maximum certified takeoff weight of eligible aircraft not operated on an established line from 6,000 pounds or less to 12,500 pounds or less; and (2) providing that an aircraft shall not be considered as operated on an established line if it is performing an on-demand operation, as defined by regulation.

]]> Small Aircraft Tax Modification Act of 2015 Display Title Small Aircraft Tax Modification Act of 2015 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to modify the exemption for certain aircraft from the excise taxes on transportation by air. Introduced in Senate IS Short Titles as Introduced Small Aircraft Tax Modification Act of 2015 Introduced in Senate 2016-02-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s2501is/xml/BILLS-114s2501is.xml 2016-02-04 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.