jet fuel tax

Jet fuel tax changes set to become law July 1, barring unlikely veto

Published on March 23, 2016 in Statewide/Top Headlines by Ryan Ray

The future of Florida’s aviation fuel taxation regime is set for a major overhaul on July 1, if Gov. Rick Scott signs an omnibus tax bill into law as expected. For the state’s largest air carriers, that’s a good thing indeed. The bill removes exemptions to the state’s jet fuel tax, which currently apply to once-upstart carriers like Southwest Airlines and JetBlue beginning in 2018. It would also lower the overall rate for all carriers from 6.9 percent to 4.23 percent, in order to keep the change “revenue neutral,”…

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No turbulence (yet) in Legislature for jet fuel tax proposal

Published on January 14, 2016 in Peter/Top Headlines by Peter Schorsch

It’s been smooth sailing, or should I say flying, for the jet fuel tax proposal, sponsored by Sen. Anitere Flores and Rep. George Moraitis, as it passed its first committee stops in both the House and Senate with no opposition. The proposal, which is being supported by almost the entire airline industry (including airlines Allegiant, American, Delta, JetBlue and Southwest) and is being spearheaded by Airlines for America (A4A), would institute an across-the-board 3.3 cents per gallon tax on jet fuel.…

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