- Associated Press - Monday, April 10, 2017

PHOENIX (AP) - Arizona Gov. Doug Ducey has vetoed his fourth bill of the legislative session, this one a sales tax exemption for people who buy partial ownership interests in aircraft.

The tax cut in House Bill 2533 was backed by NetJets, a company owned by billionaire Warren Buffet’s company, Berkshire Hathaway. Lobbyists for NetJets testified that state sales taxes are forcing Arizona buyers to finalize deals in other states.

Ducey said in a veto letter Monday that the tax cut would likely have state budget implications and should have been part of discussions on spending and revenue priorities.

The Republican governor has vetoed three other bills this year - one on homeowner’s associations, a second exempting emergency generators from pollution controls and a third tightening residency requirement for justices of the peace.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2021 The Washington Times, LLC.

Please read our comment policy before commenting.

 

Click to Read More and View Comments

Click to Hide