AN ACT to amend Tennessee Code Annotated, Title 55 and Section 67-6-303, relative to the purchase of motor vehicles by members of the military.
Impact
The bill establishes that the vehicle purchase exemption begins from the effective date of the official military orders for deployment and remains effective for a period of ninety days after the official release from deployment. This amendment strengthens support for military personnel by reducing their financial liabilities when acquiring vehicles while serving away from home. The legislation aligns with efforts to provide tangible benefits to those who serve in armed forces, recognizing the unique challenges they face.
Summary
Senate Bill 1799 aims to amend existing provisions in the Tennessee Code Annotated concerning the purchase of motor vehicles by military members. Specifically, the bill introduces an exemption for members of the Tennessee National Guard and reserve members of the uniformed services who are called to active military service and deployed under orders to another state or country. This exemption allows such members to benefit from tax relief related to the purchase of motor vehicles during their deployment period.
Contention
Discussions around this bill may focus on the fairness of providing such exemptions exclusively to military members compared to civilian taxpayers. While the intent is to support service members, there may be debates regarding how this impacts overall tax revenue and whether similar exemptions should be available to other demographics or professions that also serve the community or face unique hardships. Additionally, provisions in the existing state code being amended may be scrutinized for their implications on other tax policies.
Last_action
The act is set to take effect on July 1, 2024, contingent on public welfare considerations, which indicates the legislature's intent to prioritize the support for military service members' needs in Tennessee.
Crossfiled
AN ACT to amend Tennessee Code Annotated, Title 55 and Section 67-6-303, relative to the purchase of motor vehicles by members of the military.
AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 39; Title 47; Title 48; Title 55; Title 56; Title 62; Title 66 and Title 67, relative to motor vehicles.
AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 39; Title 47; Title 48; Title 55; Title 56; Title 62; Title 66 and Title 67, relative to motor vehicles.
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 3, relative to exemption from sales tax on motor vehicles for members of the national guard.