(1) The following shall be exempt from taxation under the provisions of part 1 of this article:
Effective July 1, 1984, the sale of aircraft used or purchased for use in interstatecommerce by a commercial airline; and
The sale of tangible personal property that is to be permanently affixed or attached asa component part of an aircraft.
(2) The following shall be exempt from taxation under the provisions of part 2 of this article:
Effective July 1, 1984, the storage, use, or consumption of aircraft used or purchasedfor use in interstate commerce by a commercial airline; and
The storage, use, or consumption of any tangible personal property that is to be permanently affixed or attached as a component part of an aircraft.
Source: L. 2004: Entire part added with relocations, p. 1024, § 2, effective July 1.
Editor's note: The provisions of this section are similar to several former provisions of §§ 39-26-114 and 39-26-203 as they existed prior to 2004. For a detailed comparison, see the comparative tables located in the back of the index.