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Latest Update: Tuesday, November, 04th 2008
Companion Bill SB3830.
Taxes, Sales - Exempts wood shavings, chips, and slabs from sales and use taxes when sold to qualified farmers and nurserymen. - Amends TCA Title 67, Chapter 6, Part 2. Fiscal Summary for HB3456 / *SB3830Decrease State Revenue - $88,000 Decrease Local Revenue - $28,300
Bill Summary for HB3456 / *SB3830
Under present law, sales of farm equipment and machinery to qualified farmers or nurserymen are exempt from the sales tax. Among the types of farm equipment and machinery that are eligible for the exemption is agri-sawdust.
This bill adds wood shavings, chips, and slabs to the types of farm equipment and machinery that are eligible for the sales tax exemption.
Latest Actions
- 05/14/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/19/2008
- 03/19/2008 - Placed Behind the Budget
- 03/12/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 03/19/2008
- 03/12/2008 - Assigned to Subcommittee Budget of FW&M
- 03/11/2008 - Recommended for Passage if Am. Referred to: Finance, Ways & Means Committee
show all actions- 05/14/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/19/2008
- 03/19/2008 - Placed Behind the Budget
- 03/12/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 03/19/2008
- 03/12/2008 - Assigned to Subcommittee Budget of FW&M
- 03/11/2008 - Recommended for Passage if Am. Referred to: Finance, Ways & Means Committee
- 03/05/2008 - Placed on Calendar Agriculture Committee for 03/11/2008
- 03/04/2008 - Action Deferred in Agriculture Committee to 3/11/2008
- 02/27/2008 - Placed on Calendar Agriculture Committee for 03/04/2008
- 02/26/2008 - Action Deferred in Agriculture Committee to 3/4/2008
- 02/20/2008 - Placed on Calendar Agriculture Committee for 02/26/2008
- 01/28/2008 - Passed second consideration, Referred to Agriculture
- 01/24/2008 - Introduced, Passed first consideration
- 01/23/2008 - Filed for Introduction
show latest actions
Fiscal Notes
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