Proposed
Bill · 119th Congress · HR 8644
Stop Subsidizing Private Jets of 2026
Refreshed 32 min ago
Introduced 2026-04-30Topic: taxes · transportationSummary
AI-generated summary, report an errorThis bill would change the federal tax code so that businesses and other taxpayers could no longer deduct the costs of buying, maintaining, or operating fixed-wing aircraft, including depreciation. The rule would not apply to aircraft used mainly to carry cargo, or aircraft modified and used mainly for farming, firefighting, or emergency medical purposes. It also would not apply to businesses that provide flight instruction, skydiving, scheduled airline service mostly open to the public, or sightseeing flights. The change would apply to costs paid or incurred after December 31, 2025.
Sponsors
- Eugene Simon Vindman Democrat sponsor
- 4 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-04-30 | House | Referred to the House Committee on Ways and Means. | refer |
| 2026-04-30 | Introduced in House | introduce | |
| 2026-04-30 | Introduced in House | introduce |