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HR 4719 118th Congress House Taxation

Advanced Air Mobility Tax Exemption Parity Act of 2023

Introduced: July 18, 2023 Introduced by: Panetta, Jimmy Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 18, 2023
Referred to the House Committee on Ways and Means.
Jul 18, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Advanced Air Mobility Tax Exemption Parity Act of 2023

This bill exempts powered-lift aircraft from the excise tax on air transportation. The bill defines powered-lift aircraft to mean a heavier-than-air aircraft that is capable of vertical takeoff, vertical landing, and low speed flight.

What's happening now July 18, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1