There
is currently pending legislation that will do away with
several tax exemptions which currently benefit a large percentage
of our membership. We are pushing out this information to
keep you informed about these changes and their possible
effects on your business. These exemptions were originally
created to stimulate economic development and draw business
to our region. Due to the overall budget shortfalls facing
our State this year, these stimulus items are being strongly
considered for repeal. In fact, the process is well under
way and we have very little time to submit any comments
or economic studies defending the status quo.
If you would like to
comment on these, or any other items affected by this bill,
please compose and immediately submit your comments to your
elected officials. If you will copy The Beacon Council,
they will also use your information and comments to help
drive a study on the overall economic impact of these changes.
They are working on a daily basis with other concerned parties
in Tallahassee to weigh in with real numbers and comments
from our members on the expected impact of these changes.
Our collective voice, when combined with the efforts of
The Beacon Council will insure we are at least heard and
taken seriously.
Please submit you comments
to your elected officials and include The Beacon Council
at the following contact information:
James C. Kohnstamm
The Beacon Council
(305) 579-1360
jckohnstamm@beaconcouncil.com
Attached are several
documents for your review as well as this brief summary
of items subject to review for repeal.
• Repeal of an exemption for taxes on aircraft repair
and maintenance labor charges. This applies to aircraft
with a maximum gross takeoff weight of over 15,000 lbs.
• Repeal of an exemption for taxes on equipment used
in aircraft repair and maintenance.
• Repeal of an exemption for taxes on aircraft modifications
that introduce a major change in type of design.
• Repeal of an exemption for taxes on the lease of
aircraft
• Repeal of an exemption for taxes for the lease of
airport property utilized for the loading and unloading
of passengers or cargo.
• Repeal of an exemption for taxes on charges for
aircraft modification or parts/equipment installed under
an STC
Proposed
Bill (PDF)
Sales
Tax Exemptions being considered for elimination House Version
(PDF)