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Taxes, Exemption and Credits - Exempts from sales and use taxes any motor vehicle 10 or more years old and selling for $10,000 dollars or less. - Amends TCA Title 67, Chapter 6, Part 3.

Fiscal Summary for SB3293 / *HB3157

Decrease State Revenue - Net Impact - $15,608,700 Decrease Local Revenue - Net Impact - $5,838,600

Latest Actions
  • 03/11/2008 - Assigned to Gen. Sub of: Senate Tax Sub Committee of F,W&M.
  • 03/06/2008 - Placed on Senate Tax Sub Committee of F,W&M. Calendar for 03/11/2008
  • 01/29/2008 - Referred to Senate Tax Sub Comm.
  • 01/23/2008 - Passed second consideration, Referred to Senate Finance, Ways and Means Comm.
  • 01/17/2008 - Introduced, Passed first consideration

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Bill Text
File name Last Updated
SB3293 Bill Text PDF01/21/2008

Fiscal Notes
File name Last Updated
SB3293 Fiscal Notes PDF02/20/2008