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2017 Tennessee Code
Title 67 - Taxes and Licenses
Chapter 6 - Sales and Use Taxes
Part 3 - Exemptions
§ 67-6-384. Spallation neutron source facility.
Universal Citation: TN Code § 67-6-384 (2017)
- (a) Notwithstanding any provision of law to the contrary, with respect to a spallation neutron source facility that is funded by the United States government or instrumentality thereof, not funded with any state funds and located at a national laboratory, there shall be exempt from the tax levied by this chapter any:
- (1) Property that becomes a component part of or is used exclusively in the operation or repair of the facility;
- (2) Services, materials or items furnished or supplied to the facility and used exclusively in the operation of the facility; and
- (3) Property, services, building materials, machinery, equipment, supplies, repair parts, replacement materials or other items used exclusively in the construction, operation or repair of the facility or its operations.
- (b) The exemptions provided in this section shall apply regardless of whether the exempted property or service is leased or purchased.
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