SB692 — Taxes - As enacted, exempts methanol from gasoline and petroleum taxes and sales and use taxes when not blended or composed of other motor fuels. - Amends TCA Title 9; Title 54; Title 55 and Title 67.

SB692 — Taxes - As enacted, exempts methanol from gasoline and petroleum taxes and sales and use taxes when not blended or composed of other motor fuels. - Amends TCA Title 9; Title 54; Title 55 and Title 67. · Informed CitizenryThis bill amends the Tennessee Code to exempt methanol from taxes when it is sold for use in highway or nonhighway vehicles. The exemption applies specifically to methanol that is not composed of o…Open in Informed Citizenry