HB2503 - Tennessee - Taxes, Sales

Companion Bill SB2543. Taxes, Sales - Exempts from sales and use tax materials bundled by the publisher with exempt textbooks and workbooks, when the textbook or workbook cannot be purchased separately from the bundled package. - Amends TCA Title 67, Chapter 6. Fiscal Summary for HB2503 / *SB2543(CORRECTED) Decrease State Revenue - $438,900 Decrease Local Govt. Revenue - $141,100 Bill Summary for HB2503 / *SB2543 ON APRIL 29, 2008, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 2543, AS AMENDED. AMENDMENT #1 limits this bill's sales tax exemption to compact disks or digital video disks, instead of all materials, that are bundled by the publisher with exempt textbooks and workbooks, when the textbook or workbook cannot be purchased separately from the bundled package, and further provided that the disk contains [...]

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