[First Reprint]

SENATE, No. 1909

STATE OF NEW JERSEY

INTRODUCED MARCH 20, 1997

By Senator CAFIERO

An Act providing an exemption for certain aircraft ¹[repairs and]¹ services under the sales and use tax, ¹and¹ amending P.L.1980, c.98.

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

     1. Section 1 of P.L.1980, c.98 (C.54:32B-8.35) is amended to read as follows:

     1. Receipts from:

     a. sales of aircraft and repairs thereto including machinery or equipment to be installed on such aircraft and replacement parts therefor when utilized by an air carrier as defined by the Civil Aeronautics Board or the Code of Federal Regulations having its principal place of operations within the State [an] and engaging in interstate, foreign, or intrastate air commerce; and

     b. charges for ¹[such]¹ services ¹[as] involved in¹ the maintaining, servicing, or repairing of an aircraft at an airport facility ¹, including machinery or equipment to be installed on such aircraft and replacement parts therefor;¹ are exempt from the tax imposed under the Sales and Use Tax Act ¹.¹

(cf: P.L.1980, c.98, s.1)

     2. This act shall take effect immediately.

Exempts certain aircraft services from sales and use tax.