TN HB0538 | 2011-2012 | 107th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 9 2011 - 25% progression, died in chamber
Action: 2011-02-14 - P2C, caption bill, held on desk - pending amdt.
Text: Latest bill text (Draft #2) [PDF]

Summary

As introduced, clarifies that, to meet the definition of "industrial machinery" for purposes of the sales and use tax exemption, any product resulting from the fabrication or processing must be for consumption off the premises of the one engaged in the fabrication or processing. - Amends TCA Title 67.

Tracking Information

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Title

As introduced, clarifies that, to meet the definition of "industrial machinery" for purposes of the sales and use tax exemption, any product resulting from the fabrication or processing must be for consumption off the premises of the one engaged in the fabrication or processing. - Amends TCA Title 67.

Sponsors


History

DateChamberAction
2011-02-14 P2C, caption bill, held on desk - pending amdt.
2011-02-10 Intro., P1C.
2011-02-09 Filed for intro.

Same As/Similar To

SB0507 (Crossfiled) 2011-03-01 - Ref. to S. Tax Sub Comm.

Subjects


Tennessee State Sources


Bill Comments

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