Plain English Breakdown
The official source does not specify if there are other parts of the law that will be updated or removed beyond subsection (f).
Tennessee Sales Tax Exemption Changes
This bill removes outdated language about a one-time sales tax holiday from Tennessee's laws.
What This Bill Does
- Removes subsection (f) of the current law on sales and use tax exemptions.
- Updates Tennessee Code Annotated, Title 67, Chapter 6, Part 3.
Who It Names or Affects
- The state of Tennessee's tax laws and regulations.
Terms To Know
- Sales Tax Holiday
- A temporary period when certain items are exempt from sales tax.
- Tennessee Code Annotated
- The official collection of Tennessee's laws and statutes.
Limits and Unknowns
- Does not specify the exact impact on individuals or businesses.
- It is unclear if there are other parts of the law that will be updated in future actions.