US HB896 | 2017-2018 | 115th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 9-2)
Status: Introduced on February 6 2017 - 25% progression, died in committee
Action: 2017-02-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To amend the Internal Revenue Code of 1986 to exempt amounts paid for aircraft management services from the excise taxes imposed on transportation by air. This bill amends the Internal Revenue Code to exempt from the excise tax on transportation of persons and property by air amounts paid by an aircraft owner or lessee for aircraft management services related to maintenance and support of the aircraft or flights on such aircraft. Aircraft management services include assisting an aircraft owner with administrative and support services; obtaining insurance; maintenance, storage and fueling of aircraft; hiring, training, and provision of pilots and crew; establishing and complying with safety standards; or other services necessary to support flights operated by an aircraft owner. In the case of an aircraft owner that is wholly-owned by another person, amounts paid by the other person on behalf of the aircraft owner must be treated as having been paid directly by the aircraft owner.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to exempt amounts paid for aircraft management services from the excise taxes imposed on transportation by air.

Sponsors


History

DateChamberAction
2017-02-06HouseReferred to the House Committee on Ways and Means.
2017-02-06HouseIntroduced in House

Same As/Similar To

SB321 (Related) 2017-02-07 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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