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Modify Sales & Use Tax Exemption For Aircraft

Concerning a modification to the number of days that an aircraft may remain in the state after it is purchased for purposes of the sales and use tax exemption on the purchase of certain aircraft.

HB16-1119 2016 Regular Session Not stated Fiscal Policy & Taxes

Cost estimates

At the first note read
Stated in words
FACT February 2, 2016
At the last note read
Stated in words
FACT May 18, 2016
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The note states no appropriation is required.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: None.

Bill summary

One of the criteria to qualify for the sales and use tax exemption on the sale of a new or used aircraft that is purchased in the state is modified. Rather than removing the aircraft from the state within 120 days after the date of the sale, the purchaser of an aircraft is required to remove the aircraft from the state within 120 days after the date of the sale or within 30 days after the completion of certain work on the aircraft that is associated with the sale of the aircraft, whichever is longer.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)