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Voices. Knowledge. Solutions.

Advocacy Initiative
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Priority Bill
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Bill Number
436
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Lawrence K. "Larry" Grooms
Category
Finance, Revenue, Taxes
Committee
Senate Finance Committee
Status
Favorable report
Staff Summary

Summary of the bill as introduced: Adds a property tax exemption for a portion of the value of an aircraft of an airline company. 

House Subcommittee Action

05.06.2026 The House Ways and Means Revenue Policy subcommittee gave this bill a favorable report.

Senate Subcommittee Action

03.31.2026 The Senate Finance Property Tax subcommittee gave this bill a favorable report as amended. The amendment is a strike all and insert that allows fee-in-lieu-of-taxes as approved by the Coordinating Council of Economic Development.

03.03.2026 The Senate Finance Property Tax subcommittee carried this bill over.

House Committee Action

05.06.2026 The House Ways and Means Committee gave this bill a favorable report.

Senate Committee Action

04.14.2026 The Senate Finance Committee gave this bill a favorable report.