Virginia · 2025 Regular Session · Bill
HB 2703: Virginia Aircraft S&UT; credit for tax paid on aircraft purchased from broker for noncommercial use.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2703 is a bill introduced in the Virginia House on January 16, 2025. According to its official title, it concerns: Virginia Aircraft S&UT; credit for tax paid on aircraft purchased from broker for noncommercial use. Primary sponsor: Kim A. Taylor. Most recent recorded action (February 4, 2025): Left in Finance.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Virginia Aircraft Sales and Use Tax Act; credit for tax paid on aircraft purchased from broker for noncommercial use. Provides that a credit shall be granted against the tax imposed by the Virginia Aircraft Sales and Use Tax Act with respect to a person's use in the Commonwealth of an aircraft purchased from any broker, defined in the bill, for noncommercial use in an amount equal to the tax paid by such person to such broker.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kim A. Taylor | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Finance
- Impact statement from TAX (HB2703)
- Assigned Finance sub: Subcommittee #1
- Referred to Committee on Finance
- Presented and ordered printed 25104709D