Lawmaker Wants Tax Break For Flood Vics Extended 9-30-2010 - WSMV Channel 4

Lawmaker Wants Tax Break For Flood Vics Extended 9-30-2010

Sept. 30 was the last day for flood victims to get $2,500 in sales tax rebates on items like building materials, appliances and furniture. But a lawmaker is pushing to extend the deadline.
Channel 4 reported this week that there are at least 2,000 homes in Nashville that have been untouched since the flood. Some residents aren't in the stage of their recovery to be making those purchases yet.
“We intend to extend that and make it retro so that those individuals can share in the same benefits as those who were able to get in their homes a little quicker,” said state Rep. Gary Moore, D-Joelton.
Moore said he's working with the governor and other lawmakers to propose an extension of the sales tax rebate for those touched by the flood.
Lawmakers won't be able to get that approved until the next legislative session in January, but they intend to put it on the "fast track."
Flood victims are urged to keep their receipts. If the extension passes, they’ll be able to apply for the rebate, which is available to anyone who qualified for FEMA assistance.
Flood victims who bought items eligible for rebates by Thursday's deadline have until Nov. 30 to send in their application.

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