House File 2573 H-8083 Amend House File 2573 as follows: 1 1. Page 1, before line 1 by inserting: 2 < DIVISION I 3 AIRCRAFT SALES AND USE TAX EXEMPTION > 4 2. Page 1, after line 19 by inserting: 5 < DIVISION ___ 6 FUTURE AMENDMENTS 7 Sec. ___. Section 423.3, subsections 74 and 76, Code 2020, 8 are amended by striking the subsections and inserting in lieu 9 thereof the following: 10 74. The sales price from the sale of aircraft for use 11 in a scheduled interstate federal aviation administration 12 certificated air carrier operation. 13 76. The sales price from the sale or rental of tangible 14 personal property permanently affixed or attached as a 15 component part of the aircraft, including but not limited 16 to repair or replacement materials or parts; and the sales 17 price of all services used for aircraft repair, remodeling, 18 and maintenance services when such services are performed on 19 aircraft, aircraft engines, or aircraft component materials or 20 parts. For the purposes of this exemption, “aircraft” means 21 aircraft used in nonscheduled interstate federal aviation 22 administration certificated air carrier operation operating 23 under 14 C.F.R. ch. 1, pt. 135. 24 Sec. ___. Section 423.3, Code 2020, is amended by adding the 25 following new subsection: 26 NEW SUBSECTION . 75. The sales price from the sale or rental 27 of aircraft; the sale or rental of tangible personal property 28 permanently affixed or attached as a component part of the 29 aircraft, including but not limited to repair or replacement 30 materials or parts; and the sales price of all services used 31 for aircraft repair, remodeling, and maintenance services when 32 such services are performed on aircraft, aircraft engines, or 33 aircraft component materials or parts. For the purposes of 34 this exemption, “aircraft” means aircraft used in a scheduled 35 -1- HF2573.3536 (1) 88 jm/jh 1/ 2 #1. #2.

interstate federal aviation administration certificated air 1 carrier operation. 2 Sec. ___. EFFECTIVE DATE. This division of this Act takes 3 effect July 1, 2026. > 4 3. Title page, line 3, after < aircraft > by inserting < , and 5 including effective date provisions > 6 4. By renumbering as necessary. 7 ______________________________ ISENHART of Dubuque -2- HF2573.3536 (1) 88 jm/jh 2/ 2 #3. #4.