Bill Title: As enacted, creates a sales and use tax exemption on qualified building materials used in the construction, expansion, or renovation of one or more qualified, new, or expanded warehouse or distribution facilities, if the taxpayer or a lessor, or both, makes a capital investment of at least $1 billion in the construction or renovation of such facilities and related facilities at the same location within the qualified capital investment period. - Amends TCA Title 67, Chapter 6.

Spectrum: Bipartisan Bill

Status: (Passed) 2019-05-29 - Comp. became Pub. Ch. 503 [SB1161 Detail]

Text: Latest bill text (Chaptered) [PDF]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Brian Kelsey [R]	Primary	Sponsored Bills	SD-031	FollowTheMoney	Ballotpedia	VoteSmart
Senator Sara Kyle [D]	Cosponsor	Sponsored Bills	SD-030	FollowTheMoney	Ballotpedia	VoteSmart
Senator Katrina Robinson [D]	Cosponsor	Sponsored Bills	SD-033	FollowTheMoney	Ballotpedia	VoteSmart
Senator Paul Rose [R]	Cosponsor	Sponsored Bills	SD-032	FollowTheMoney	Ballotpedia	VoteSmart

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