Not something you can truthfully say most days of the week! FAR Part 61 flight schools will now have the same sales tax exemption status as FAR Part 141 flight schools. Senate Bill 833, sponsored by Senator Frank Madla, was signed by Governor George Bush on May 19, 1995, and will become law on July 1, 1995.
The bill will also change the definition of aircraft to include lighter-than-air and unpowered craft and to include all flight simulators and flight procedures simulators.
Schools are responsible for paying sales tax for the period of July 22, 1994 through July 1, 1995, when the Act becomes law.