Taxes, Sales - As introduced, authorizes the commissioner of revenue to issue a certificate of exemption to a taxpayer who qualifies for the 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 in paper or electronic medium. - Amends TCA Title 67, Chapter 6.

Summary

The bill amends Tennessee's sales‑and‑use tax code so the commissioner of revenue can grant a certificate of exemption to taxpayers who buy qualified building materials for constructing, expanding, or renovating warehouse or distribution facilities. It applies to any qualified new or expanded warehouse project and permits the certificate to be issued in either paper or electronic format. The change is intended to simplify the exemption process for businesses developing logistics facilities.

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