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Safer Helicopters: New Requirements and Tax Credit

This act introduces new safety rules for older helicopters, requiring them to have more crash-resistant fuel systems within 5 years. Helicopter owners can get a tax credit to help cover some of the costs for these upgrades, aiming to improve flight safety.
Key points
Older helicopters (made before April 5, 2020) must be upgraded with safer fuel systems within 5 years.
A 10% tax credit is available for the costs of improving a helicopter's fuel system.
The changes are intended to enhance the safety of helicopter passengers and crews.
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Additional Information
Print number: 117_HR_7521
Sponsor: Rep. Neguse, Joe [D-CO-2]
Process start date: 2022-04-14