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Taxes, Sales - As enacted, excludes from the definition of "tangible personal property" for sales and use tax purposes certain mains, pipes, pipelines, and tanks and certain railroads, railroad structures, substructures, tracks and the metal thereon, branches, switches, and other improvements thereon; deems all as realty upon installation for purposes of sales tax laws. - Amends TCA Title 67.

It became law on Apr 12, 2021.

TN HB 131 · House Bill · 112

Stage
Became law
Started in
House
Sponsors
Latest action
Apr 12, 2021

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 12, 2021

This bill passed and is now law.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

It is law in Tennessee. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Taxes, Sales - As enacted, excludes from the definition of "tangible personal property" for sales and use tax purposes certain mains, pipes, pipelines, and tanks and certain railroads, railroad structures, substructures, tracks and the metal thereon, branches, switches, and other improvements thereon; deems all as realty upon installation for purposes of sales tax laws. - Amends TCA Title 67. | 52