HB427 — Taxes, Exemption and Credits - As introduced, exempts maintenance contracts and agreements that are for the maintenance and repair of industrial machinery for purposes of the exemption from sales tax for industrial machinery. - Amends TCA Section 67-6-102 and Title 67, Chapter 6, Part 2.

HB427 — Taxes, Exemption and Credits - As introduced, exempts maintenance contracts and agreements that are for the maintenance and repair of industrial machinery for purposes of the exemption from sales tax for industrial machinery. - Amends TCA Section 67-6-102 and Title 67, Chapter 6, Part 2. · Informed CitizenryHB427 amends Tennessee Code Annotated Section 67-6-102 and Title 67, Chapter 6, Part 2 to expand the definition of 'industrial machinery.' The bill adds maintenance contracts and agreements for the…Open in Informed Citizenry