advertisement

Missouri lawmakers back tax break for aircraft repairs

Thursday, April 24, 2014 | 7:11 a.m. CDT; updated 11:01 a.m. CDT, Thursday, April 24, 2014

JEFFERSON CITY — Missouri lawmakers want to create a permanent tax break for airplane repairs.

A bill given final approval Wednesday by the Senate focuses on an existing sales tax break for parts used to repair or modify aircraft. That tax break is due to expire next January. But the bill would extend it indefinitely.

The legislation previously was approved by the House, so it now goes to Gov. Jay Nixon.

The Senate also gave initial approval Wednesday to a bill would provide a sales tax exemption for aircraft sold in Missouri to non-residents who don't keep the aircraft in the state for more than 10 business days.

Supporters said Missouri is missing out on repair and upgrade jobs that often accompany airplane sales because it lacks such a tax break.


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements