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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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 10, Nays 0 PNV 0	2019-04-24	10	0	0	0	10	Passed	Link	View

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