CHAPTER NO. 694
SENATE BILL NO. 2498
Substituted for: House Bill No. 2917
By Kisber, Kent, Ralph Cole
AN ACT To amend Tennessee Code Annotated, Title 67, Chapter 3, Part 15 and Section 67-6-329, relative to petroleum tax refunds on certain pre-mixed fuel and application of the sales tax to such fuels.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Title 67, Chapter 3, Part 15Error! Bookmark not defined., is amended by adding the following as a new, appropriately designated section:
SECTION 2. Tennessee Code Annotated, Section 67-6-329(a)(1), is amended by deleting the period at the end of the first sentence and inserting the following punctuation and language:
; except that pre-mixed engine fuel containing gasoline and oil, produced for use in two-cycle engines and not for use in the propulsion of an aircraft, vessel or any other vehicle, that is sold in containers of one gallon or less, is not exempted from the tax imposed by this chapter.
SECTION 3. This act shall take effect upon becoming a law, the public welfare requiring it.
PASSED: March 19, 1998
APPROVED this 1st day of April 1998