h_fin_2016a_2016-05-05t10:57:00z0 Hearing Summary

Date: 05/05/2016

The committee was called to order. A quorum was present.



10:57 AM -- SB16-155



Representatives Garnett and Nordberg, co-prime sponsors, introduced Senate Bill 15-155. Beginning July 1, 2016, the bill creates a state sales and use tax exemption for a historic aircraft that is on loan to a museum for public display, whether for demonstration, educational, or museum promotional purposes. In order to qualify for the exemption, the historic aircraft may not be used for any other purpose while it is in the state. The museum to which a historic aircraft is on loan must be open to the public at least 20 hours a week. Historic aircraft includes any original, restored, or replica of a heavier-than-air aircraft that is at least 35 years old. Representative Nordberg answered several committee questions.



11:06 AM -- Mr. Bill Klaers, representing the National Museum of WWII Aviation, testified in support of the bill. He answered several committee questions.