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Tennessee HB15

Taxes, Exemption and Credits - As enacted, creates exemptions from sales tax, registration fee, and motor vehicle privilege tax, for any motor vehicle sold to a veteran or service member who has a service-connected disability and who is eligible for a United States department of veterans affairs automobile grant under the Disabled Veterans' and Servicemen's Automobile Assistance Act of 1970; limits sales and use tax exemption to portion of price that is in excess of the amount of the grant received. - Amends TCA Section 5-8-102; Title 55, Chapter 4 and Title 67, Chapter 6.