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FISCAL NOTE
House Bill 253
Committee: Ways and Means Education Sponsor: Representative Brock Colvin
Analyst: Riley Aaron Date: 02/20/2025
House Bill 253 as introduced could decrease state sales, use, and lease tax receipts to the
Education Trust Fund or State General Fund by an undetermined amount from fiscal year 2026
to fiscal year 2030 dependent on the amount of certain aircraft and parts sold or leased which
proceeds would be exempt pursuant to this bill.
This bill could also correspondingly decrease sales, use, and lease tax receipts to county and
municipal governments by an undetermined amount, if the respective local governments adopt
an exemption from taxation pursuant to this bill.