,,ii  #aad? ,,congress  #b;d ,session   
,s4 #becj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #aj1 #bjaf,ms4
 ,murk[ski introduc$ ! foll[+ bill2 :i* 
0 read twice & ref]r$ to ! ,committee on
 ,f9ance  ,a ,,bill  ,to am5d ! ,int]nal
 ,rev5ue ,code ( #aihf to modify !      
exemption = c]ta9 aircraft f ! excise   
taxes on transportation by air4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,small ,aircraft ,tax ,modification ,act
 ( #bjaf4  #b4 ,modification ( excise   
tax exemption = small aircraft on       
e/abli%$ l9es  7a7 ,9 g5]al ,section    
#dbha ( ! ,int]nal ,rev5ue ,code ( #aihf
 is am5d$--  7#a7 9 subsection 7a71 by  
/rik+ #f1jjj p\nds or less & ins]t+     
#ab1ejj p\nds or less1 &  7#b7 by /rik+ 
subsection 7c7 & ins]t+ ! foll[+3  7c7  
,e/abli%$ l9e ,= purposes ( ?is section1
 an aircraft %all n be consid]$ z op]at$
 on an e/abli%$ l9e if su* aircraft is  
p]=m+ an on-dem& op]ation 7z def9$ 9    
section #aaj4b ( title #ad1 ,code (     
,f$]al ,regulations1 z 9 effect on !    

date ( ! enactm5t ( ! ,small ,aircraft  
,tax ,modification ,act ( #bjaf74  4    
7b7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable       
transportation provid$ aft] ! date ( !  
enactm5t ( ?is ,act4