RALEIGH, N.C. (AP) — North Carolina lawmakers have cut taxes for airlines and an upstart jet manufacturer.
The Senate voted 42-1 on Friday for final legislative approval giving passenger airlines a sales tax exemption on repair parts and lubricants used at a hub operation. Charlotte is the site of USAirways' largest hub airport operation.
Lawmakers gave a similar tax break on flight simulators for Greensboro-based Honda Aircraft Co., which is building its new business jet in North Carolina. The first deliveries of the HondaJet are scheduled for late 2010.
Legislative fiscal analysts said the changes would cut state tax collections by about $2 million starting this year.
The measure still must be signed into law by Gov. Beverly Perdue.
Copyright 2009 The Associated Press.
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