0A93A3600BE8A98A8725823C0070D54B Hearing Summary

Representatives Kraft-Tharp and Sias introduced House Bill 18-1083. The bill creates a sales and use tax exemption for the purchase, storage, use or consumption of an aircraft for use in interstate, intrastate, or foreign commerce by an on-demand air carrier if the aircraft is purchased by a person and then subsequently leased or subleased to an on-demand air carrier or if the aircraft is purchased by an on-demand air carrier.

The bill sponsors responded to questions from the committee. Several handouts were distributed to the committee. [Attachment A] [Attachment B] [Attachment C] [Attachment D] [Attachment E] [Attachment F] [Attachment G].

Chris Swathwood, Colorado Aviation Business Association, testified in support of the bill.

Ty Little, Mountain Aviation, testified in support of the bill.

Leigh Seeger, Jefferson County Economic Development Corporation and Jefferson County Business Lobby, testified in support of the bill.

Mr. Little responded to questions from the committee regarding the tax treatment of aircraft.

Mr. Little continued to respond to committee questions regarding the potential economic benefits of the bill.

Dianna Orf, Associated Governments of Northwest Colorado, testified in support of the bill.  Representative Kraft-Tharp distributed amendment L.002 [Attachment H].