Exempts food and food ingredients from sales tax for eligible families.
This bill amends Tennessee Code to exempt the retail sale of food and food ingredients from sales tax for eligible families. An eligible family must meet two criteria: their annual household income must not exceed 300% of the amount required for a student to qualify for free or reduced-price lunch, and they must have a qualifying child or relative claimed as a dependent for federal income tax purposes. To obtain the exemption, an eligible family must apply to the commissioner of revenue, providing proof of eligibility.
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