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

Date: 05/05/2016



Final

BILL SUMMARY for SB16-155



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer Senate Bill 16-155 to the Committee of the W PASS







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.

BILL: SB16-155
TIME: 11:14:26 AM
MOVED: Garnett
MOTION: Refer Senate Bill 16-155 to the Committee of the Whole. The motion passed on a vote of 8-2.
SECONDED: Roupe
VOTE
Becker K.
Excused
Conti
Yes
Garnett
Yes
Moreno
Yes
Pabon
Yes
Roupe
Yes
Sias
Yes
Van Winkle
Yes
Wilson
Yes
Foote
No
Court
No
Final YES: 8 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS














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