Please upgrade your Flash Player
Latest Update: Wednesday, July, 23rd 2008
Companion Bill SB3012.
Taxes, Sales - Clarifies that kerosene sold directly to a consumer for residential use is tax exempt. - Amends TCA Section 67-6-334. Fiscal Summary for *HB2587 / SB3012Decrease State Revenue - $601,400
Bill Summary for *HB2587 / SB3012
This bill exempts kerosene that is sold directly to the consumer for residential use from the sales tax.
Under present law, gas, electricity, fuel oil, coal, and other energy fuels sold directly to the consumer for residential use are exempt from the sales tax. The tax exemption does not apply to energy fuels sold over the counter at the location of the seller; however, propane sold over the counter in cylinders with a capacity of 100 pounds or more is exempt from the sales tax.
Latest Actions
- 05/14/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/19/2008
- 05/07/2008 - Placed Behind the Budget
- 04/30/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/07/2008
- 04/30/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to next calendar
- 04/23/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/30/2008
show all actions- 05/14/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/19/2008
- 05/07/2008 - Placed Behind the Budget
- 04/30/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/07/2008
- 04/30/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to next calendar
- 04/23/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/30/2008
- 04/16/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to last calendar
- 04/09/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/16/2008
- 04/02/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 4/16/2008
- 03/26/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/02/2008
- 03/12/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 4/2/2008
- 03/05/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 03/12/2008
- 03/05/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 3/12/2008
- 02/27/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 03/05/2008
- 01/30/2008 - Assigned to Subcommittee Budget of FW&M
- 01/16/2008 - Passed second consideration, Referred to Finance
- 01/14/2008 - Introduced, Passed first consideration
- 01/10/2008 - Filed for Introduction
show latest actions
Fiscal Notes
|
Important People
Latest News
Searching for articles...
|
Comment on Bill - Be the first to leave a comment!