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TN HB0189
Bill
Status
1/16/2025
Primary Sponsor
Ron Gant
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AI Summary
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Eliminates the $400 annual privilege tax on licensed professions and occupations in Tennessee, reducing the tax to $0 for tax years ending after May 31, 2026
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Maintains the current $400 privilege tax for the final tax year ending on or before May 31, 2026
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Preserves the rule that persons licensed in multiple taxed professions pay only one privilege tax
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Taxpayers remain liable for any privilege taxes owed from tax years ending before June 1, 2026
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Takes effect immediately upon becoming law, applying to privilege taxes due after May 31, 2026
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 17, relative to taxation.
Taxes
Last Action
Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/18/2026
3/11/2026