§ 254. Application for registration
Oklahoma Statutes AnnotatedTitle 3. Aerospace, Aircraft, and Aviation InfrastructureEffective: [See Text Amendments] to June 30, 2024
Effective: [See Text Amendments] to June 30, 2024
3 Okl.St.Ann. § 254
§ 254. Application for registration
A. Except as otherwise provided in this act,1 every owner or person in charge of an aircraft which shall be operated on or from any airport of any type in this state shall for each such aircraft cause to be filed by mail or otherwise with the Oklahoma Tax Commission a certified application for registration of same, on a form to be furnished for that purpose, containing:
C. 1. All dealers in the sale of aircraft shall be exempt from registration requirements upon purchase of a license from the Oklahoma Tax Commission pursuant to Section 2 of this act. This exemption shall not apply to dealers' personal aircraft. The payment of the license fee as set forth in Section 2 of this act2 shall be treated as a payment in lieu of any ad valorem tax upon the value of aircraft owned by the dealer.
D. All manufacturers of aircraft shall be exempt from registration requirements upon purchase of an “exemption license” from the Oklahoma Tax Commission, cost of which shall be Two Hundred Fifty Dollars ($250.00). The payment of the fee prescribed by this subsection shall be treated as a payment in lieu of any ad valorem tax upon the value of aircraft owned by the manufacturer.
Credits
Laws 1976, c. 258, § 4; Laws 1985, c. 341, § 4, eff. Jan. 1, 1986; Laws 1994, c. 363, § 10, eff. July 1, 1994; Laws 2000, c. 138, § 1, eff. July 1, 2000.
3 Okl. St. Ann. § 254, OK ST T. 3 § 254
Current with legislation of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document |