TN SB2560

Legislative Description

As enacted, extends the sales and use tax exemption for repair and refurbishment services with respect to airplanes and airplane components and parts that are situated outside Tennessee and removed from Tennessee within 15 days from the completion of the repair or refurbishment services with respect to the airplanes or airplane components are performed pursuant to and by an authorized service facility designated by an original equipment manufacturer for such service with respect to aircraft qualifying as "Transport Category Aircraft" under federal law. - Amends TCA Title 67, Chapter 6, Part 3.

Taxes, Exemption and Credits

Last Action

Committee Referrals