Oklahoma § 3-256.2 - Aircraft in process of manufacture - Registration fee Documentation of personal property used or consumed - Report to Tax

§ 3-256.2. Aircraft in process of manufacture - Registration fee Documentation of personal property used or consumed - Report to Tax

Commission - Violation - Penalty.

A. Each manufacturer of aircraft shall pay a registration fee

of Two Hundred Fifty Dollars ($250.00) on each aircraft in the

Oklahoma Statutes - Title 3. Aircraft and Airports

process of manufacture, whether or not on a factory basis, including

assembly and subassembly, and the personal property used or consumed

therein, which, when completed, shall be the subject of a Federal

Aviation Administration-approved type certificate. Such fee shall

be paid by the manufacturer to Service Oklahoma. Service Oklahoma

shall remit such fee to the county treasurer of the county in which

the manufacturing facility is located to be apportioned in the same

manner that ad valorem taxes are apportioned.

B. In calculating the number of aircraft in the process of

manufacture, “personal property used or consumed therein” shall

include personal property which:

1. Is or is to be used or consumed as part of an aircraft in

the process of manufacture; and

2. Is held by the manufacturer or by a supplier physically

located in this state who has entered into a contract with the

manufacturer for the provision of such personal property.

C. The manufacturer shall submit to Service Oklahoma and to the

county assessor of the county in which the manufacturing facility is

located a report which provides documentation of the personal

property, the value thereof and the Oklahoma supplier thereof which

is or is to be used or consumed in the process of manufacture for

each aircraft registered pursuant to the provisions of this section.

Each such Oklahoma supplier shall also submit to Service Oklahoma

and to the county assessor of the county in which the supplier is

located a report which provides documentation of any personal

property, the value thereof and the manufacturer thereof which is

used or consumed in the process of manufacture for each aircraft

registered pursuant to the provisions of this section. Such reports

shall contain any further information which may be required by

Service Oklahoma or the county assessor to enforce the provisions of

this section and the Ad Valorem Tax Code, Section 2801 et seq. of

Title 68 of the Oklahoma Statutes.

D. Any manufacturer or supplier who willfully violates the

provisions of this section shall be guilty of a misdemeanor and

shall be punishable by a fine not exceeding Five Thousand Dollars

($5,000.00). In addition to such penalty a manufacturer or supplier

convicted of a violation of this section shall not be eligible to

pay the registration fee as provided by this section and shall be

subject to the provisions of the Ad Valorem Tax Code, Section 2801

et seq. of Title 68 of the Oklahoma Statutes.

Added by Laws 1991, 1st Ex. Sess., c. 2, § 1, eff. Jan. 1, 1992.

Amended by Laws 2023, c. 365, § 7, eff. July 1, 2024.