Bill Title: As introduced, expands the current exemption from sales and use tax for tangible personal property held by a sole proprietorship that incorporates as a corporation, to the tangible personal property of a sole proprietorship that organizes as a limited liability company. - Amends TCA Title 67.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-03-11 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee [SB1884 Detail]

Text: Latest bill text (Draft #1) [PDF]

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