HB0382In Committee

Amends TCA Title 67, Chapter 4 and Title 67, Chapter 6.

As introduced, deletes exemption from sales and use tax for industrial machinery; deletes credit against franchise and excise tax liability for industrial machinery purchases.

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Overview

As introduced, deletes exemption from sales and use tax for industrial machinery; deletes credit against franchise and excise tax liability for industrial machinery purchases.

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Sponsor

Thompson, Dwayne

Details
Session

111th General Assembly

Introduced

January 31, 2019

Last Action

February 6, 2019

Assigned to s/c Finance, Ways, and Means Subcommittee

Subjects
TaxesTaxes, SalesTaxes, FranchiseTaxes, Exemption and CreditsTaxes, Excise

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