HR 4719 · 118th Congress · Taxation
Advanced Air Mobility Tax Exemption Parity Act of 2023
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2023-07-18)
Plain Language Summary
[AI summary unavailable — showing source text]
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.…
Summarized by Claude AI · Non-partisan · For informational purposes only