States / Virginia / HB 1474

HB 1474 In Committee

Retail Sales and Use Tax; exceptions for aircraft dealers.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Virginia aircraft sales and use tax; exception for dealers. Provides that the tax levied and imposed upon the retail sale of every aircraft sold in the Commonwealth and upon the use in the Commonwealth of any aircraft required to be licensed by the Department of Aviation under the Virginia Aircraft Sales and Use Tax Act shall not apply to such sale or use by a dealer, defined under law as any person owning five or more aircraft during the calendar year who the Tax Commissioner finds is in the regular business of selling aircraft. The bill contains technical amendments.

Chamber
House
Introduced
Jan 23, 2026
Last action
Feb 18, 2026 — Left in Finance
Session
2026
Momentum
29 · Low