SB1372 — 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.

SB1372 — 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 CitizenryThis act amends Tennessee Code Annotated, Section 67-6-102 and Title 67, Chapter 6, Part 2, regarding exemptions from taxation for industrial machinery. Specifically, it adds a new subdivision to i…Open in Informed Citizenry