SUBTITLE VII. MISCELLANEOUS EXEMPTIONS

CHAPTER 1. EXEMPTIONS FROM STATE AND LOCAL TAXES

§6001. Antique airplanes and certain other aircraft

            A. No personal property tax shall be imposed on any aircraft weighing less than six thousand pounds which is owned by a private individual and not used for commercial or profit-making purposes.

            B. For purposes of this Section, the term "antique airplane" shall mean an airplane manufactured at least twenty-five years ago, maintained by a private collector, and not being used in commerce.

            Added by Acts 1980, No. 567, §1. Amended by Acts 1982, No. 161, §1, eff. Oct. 1, 1982; Acts 1982, No. 834, §1; Acts 2024, 3rd Ex. Sess., No. 11, §2, eff. Dec. 4, 2024.