To amend the Internal Revenue Code of 1986 to make powered-lift aircraft eligible for certain exemptions from taxes on air transportation.
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.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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