| 1 | 1 | | |
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| 2 | 2 | | HOUSE BILL 193 |
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| 3 | 3 | | By Jones R |
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| 4 | 4 | | |
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| 5 | 5 | | SENATE BILL 294 |
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| 6 | 6 | | By Crowe |
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| 7 | 7 | | |
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| 8 | 8 | | |
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| 9 | 9 | | SB0294 |
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| 10 | 10 | | 001039 |
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| 11 | 11 | | - 1 - |
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| 12 | 12 | | |
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| 13 | 13 | | AN ACT to amend Tennessee Code Annotated, Title 67, |
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| 14 | 14 | | Chapter 6, Part 3, relative to exemption from sales |
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| 15 | 15 | | tax on motor vehicles for members of the national |
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| 16 | 16 | | guard. |
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| 17 | 17 | | |
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| 18 | 18 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: |
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| 19 | 19 | | SECTION 1. Tennessee Code Annotated, Section 67-6-303, is amended by adding the |
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| 20 | 20 | | following as a new subsection (d): |
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| 21 | 21 | | (1) There is exempt from the tax imposed by this chapter the sale or use of a |
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| 22 | 22 | | motor vehicle that is registered in this state in accordance with title 55, if the vehicle is |
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| 23 | 23 | | sold to a qualifying member of the Tennessee national guard. The exemption under this |
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| 24 | 24 | | subsection (d) applies only to the first fifteen thousand dollars ($15,000) of the sales |
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| 25 | 25 | | price and only to one (1) vehicle sold to such individual within a five-year period. |
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| 26 | 26 | | (2) In order to qualify for the exemption provided in this section, the purchaser |
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| 27 | 27 | | shall provide to the seller, or to the county clerk when appropriate, proof of the |
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| 28 | 28 | | purchaser's status as a member of the Tennessee national guard and documentation |
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| 29 | 29 | | from the member's national guard unit certifying that the member is in good standing. A |
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| 30 | 30 | | copy of the proof and documentation must be retained in the seller's files and a copy |
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| 31 | 31 | | must also accompany the application for registration. |
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| 32 | 32 | | SECTION 2. This act takes effect July 1, 2025, the public welfare requiring it, and |
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| 33 | 33 | | applies to purchases of motor vehicles made on or after that date. |
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