Amends TCA Title 67, Chapter 6, Part 3.
This bill exempts from sales and use tax the following emergency preparedness products sold directly to a consumer for residential use: (1) Prefabricated underground or above-ground storm shelters; and (2) Standby generators that are powered by natural gas or liquid propane that automatically engage to deliver backup electrical power to a residence during a power outage. The exemptions will include any tax levied on the installation of the emergency preparedness product and apply only to the first $10,000 of the sale price of the product, including installation services. The tax exemptions will apply to sales of eligible products made between July 1, 2021, and June 30, 2022.
This bill exempts from sales and use tax the following emergency preparedness products sold directly to a consumer for residential use: (1) Prefabricated underground or above-ground storm shelters; and (2) Standby generators that are powered by natural gas or liquid propane that automatically engage to deliver backup electrical power to a residence during a power outage. The exemptions will include any tax levied on the installation of the emergency preparedness product and apply only to the first $10,000 of the sale price of the product, including installation services. The tax exemptions will apply to sales of eligible products made between July 1, 2021, and June 30, 2022.
Track Tennessee Legislation Like a Pro
Join hundreds of professionals using LegisGo to stay ahead of legislative changes.
Instant Alerts
Get notified when bills you track move through the legislature
AI Summaries
Understand complex legislation in seconds with AI-powered analysis
Full Access
All 132 legislators, committee schedules, and voting records