SB0190 - Tennessee - Energy, Taxes, Sales

Companion Bill HB1145. Taxes, Sales - Exempts certain energy efficient items from imposition of state sales and use tax. - Amends TCA Title 67, Chapter 6. Fiscal Summary for *SB0190 / HB1145(CORRECTED) Decrease State Revenues - $12,154,000 / General Fund $27,258,000 / Education Fund $154,000 / Department of Revenue $385,000 / Sinking Fund Decrease Local Govt. Revenues - $1,923,000 Bill Summary for *SB0190 / HB1145 This bill exempts from sales tax energy-efficient clothes washers, air conditioners, programmable thermostats, incandescent or fluorescent light bulbs, light fixtures, and refrigerators with a sales price of $1,500 or less. Under this bill, an appliance is "energy efficient" if it has been designated by the EPA or the U.S. department of energy as meeting or exceeding the agency's energy [...]

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