Property for use in space flight - definitions
(1) For the state fiscal years commencing on or after July 1, 2014, all sales, storage, and use of qualified property for use in space flight is exempt from taxation under parts 1 and 2 of this article.
(2) As used in this section:
(a)Qualified property for use in space flight means any of…∀ 1#
(a) Qualified property for use in space flight means any of the following:
(I) A space vehicle and any component thereof;
(II) Tangible personal property to be placed or used aboard a space vehicle, regardless of whether such personal property is to be ultimately returned to the state for subsequent use, storage, or other consumption; and
(III) Fuel of a quality that is not adaptable for use in an ordinary motor vehicle and that is produced, sold, and used exclusively for space flight.
(b)Space flight means any flight designed for suborbital,…#
(b) Space flight means any flight designed for suborbital, orbital, or interplanetary travel by a space vehicle.