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Latest Update: Wednesday, July, 23rd 2008

Companion Bill SB4056. Taxes - Levies a tax on property or service at spallation neutron facility that is leased. - Amends TCA Section 67-6-384. Fiscal Summary for *HB4000 / SB4056Increase State Revenue - $474,000 Increase Local Revenue - $152,400 Bill Summary for *HB4000 / SB4056 Present law exempts from sales and use tax the following property and services with respect to a spallation neutron source facility that is funded by the United States government or instrumentality thereof, not funded with any state funds, and located at a national laboratory: (1) Property that becomes a component part of or is used exclusively in the operation or repair of the facility; (2) Services, materials, or items furnished or supplied to the facility and used exclusively in the operation of the facility; and (3) Property, services, [...]

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Latest Actions
  • 04/09/2008 - Taken Off Notice For Calendar in Subcommittee Budget of Finance, Ways and Means of Finance, Ways & Means Committee
  • 04/02/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/09/2008
  • 03/26/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 4/9/2008
  • 03/19/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 03/26/2008
  • 02/20/2008 - Assigned to Subcommittee Budget of FW&M

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Bill Text
File name Last Updated
HB4000 Bill Text PDF02/05/2008

Fiscal Notes
File name Last Updated
SB4056 Fiscal Notes PDF03/01/2008