HB2444 - Tennessee - Agriculture, Taxes, Sales

Companion Bill SB2644. Taxes, Sales - Exempts from sales tax sales of flatbed trailers with a gross vehicle weight of 23,000 pounds or less, used primarily for agricultural purposes, to qualifying farmers or nurserymen. - Amends TCA Title 67, Chapter 6, Part 2. Fiscal Summary for *HB2444 / SB2644(CORRECTED) Decrease State Revenue - $283,200 Decrease Local Revenue - $78,700 Bill Summary for *HB2444 / SB2644 This bill exempts from the sales tax sales of flatbed trailers with a gross vehicle weight of 23,000 pounds or less, used primarily for agricultural purposes, to qualifying farmers or nurserymen. Under present law, sales to qualifying farmers or nurserymen of various farm equipment and machinery are exempt from the sales tax. A "qualified farmer or nurseryman" means a person who meets one or more of the following criteria: [...]

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