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Developed and maintained by the Division of Legislative Automated Systems.
2021 SPECIAL SESSION I
Be it enacted by the General Assembly of Virginia:
1. That § 5.1-5 of the Code of Virginia is amended and reenacted as follows:
§ 5.1-5. Registration of aircraft.
A. Every resident of the Commonwealth owning a civil aircraft, every nonresident owning a civil aircraft based in the Commonwealth for more than 90 days during any calendar year, and every owner of an aerial application aircraft operating within the Commonwealth or of a civil aircraft operated in the Commonwealth as a for-hire intrastate air carrier shall register such aircraft with the Department before such aircraft is operated in the Commonwealth.
B. The Department shall provide for the issuance, expiration,
suspension, and revocation of aircraft registration in accordance with
regulations promulgated by the Board. Such aircraft registration or
registration requirement shall be considered the licensure or licensure
requirement for For the purposes of the tax imposed pursuant to
Chapter 15 (§ 58.1-1500 et seq.) of Title 58.1, including any credit granted
pursuant to § 58.1-1504 against such tax, such aircraft registration shall be
considered the licensure required by such chapter. The Department shall
furnish any necessary forms pursuant to the issuance of such registration and
may assess a fee for such issuance not in excess of $5 annually. The Department
may, in lieu of issuing aircraft registration required by subsection A, issue
commercial aircraft registration to air carriers and commercial dealers and
issue to noncommercial dealers noncommercial dealer fleet registration, to
cover all aircraft owned by such dealers and all aircraft for sale held by
dealers on a consignment basis from an aircraft manufacturer. The Department
may assess a fee not in excess of $50 annually for any such noncommercial
dealer fleet registrations issued and a fee not in excess of $100 annually for
any such commercial fleet registrations issued. The fee for a commercial single
aircraft registration shall not be in excess of $10 annually.
C. Notwithstanding the provisions of subsection A, no aircraft shall be required to be registered if the aircraft is brought into the Commonwealth solely for major maintenance or major repair. An aircraft owner shall provide proof that the aircraft is based at an airport in another state, shown by evidence of a hangar or tie-down lease for a minimum of 12 months prior to the aircraft being brought into the Commonwealth, and proof of the work being performed in the Commonwealth, shown by presentation of invoices that describe such work.