Sales tax: exemptions; purchase of certain aircraft and aviation equipment; exempt. Amends sec. 4x of 1933 PA 167 (MCL 205.54x).

This bill modifies Michigan's sales tax law to provide exemptions for the purchase of specific aircraft and aviation equipment by domestic air carriers. It removes sales tax on aircraft weighing at least 6,000 pounds used solely for transporting cargo, passengers, or both, as well as on parts and materials attached to such aircraft. Additionally, the legislation extends tax-free status to sales of aircraft intended for lease to commercial carriers and covers temporary evaluations or repairs of aircraft not based in the state. To offset the resulting loss in state revenue, the bill includes a provision for the legislature to annually appropriate funds to fully compensate the state school aid fund.