House Bill 193 amends Tennessee Code Annotated to provide a sales tax exemption for qualifying members of the Tennessee National Guard when purchasing motor vehicles. Specifically, the bill introduces a new subsection (d) to Section 67-6-303, which states that the sale or use of a motor vehicle registered in Tennessee is exempt from sales tax up to the first $15,000 of the sales price. This exemption is limited to one vehicle per qualifying member within a five-year period.

To qualify for this exemption, purchasers must present proof of their status as a member of the Tennessee National Guard, along with documentation from their national guard unit confirming their good standing. Both the seller and the county clerk must retain copies of this documentation. The provisions of this act will take effect on July 1, 2025, and will apply to motor vehicle purchases made on or after that date.

Statutes affected:
Introduced: 67-6-303