House Bill 193 amends Tennessee Code Annotated, Title 67, Chapter 6, Part 3, to establish a sales tax exemption for motor vehicles purchased by members of the Tennessee National Guard. The new subsection (d) specifies that the sale or use of a motor vehicle registered in the state is exempt from sales tax for qualifying members, applicable only to the first $15,000 of the sales price and limited to one vehicle per individual within a five-year period.

To qualify for this exemption, purchasers must provide proof of their status as a member of the Tennessee National Guard and documentation from their unit confirming they are in good standing. This documentation must be retained by the seller and included with the vehicle registration application. The act is set to 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