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TN HB1368

Bill

Official Source

Status

Introduced

2/6/2025

Primary Sponsor

Jody Barrett

Click for details

Origin

House of Representatives

114th General Assembly

AI Summary

  • Adds real estate and real property appraisal services to the list of exempt services under Tennessee's business tax code (Section 67-4-708(3)(C))

  • Creates a new subdivision (xvii) specifically for persons engaged in real estate appraisal services

  • Updates statutory references throughout the code section from subdivisions (i)-(xvi) to (i)-(xvii) to incorporate the new exemption

  • Takes effect immediately upon becoming law under the public welfare provision

Legislative Description

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 7, relative to business tax.

Taxes, Business

Last Action

Placed behind the budget

2/11/2026

Committee Referrals

Finance, Ways & Means Subcommittee2/12/2025
Finance, Ways & Means2/12/2025

Full Bill Text

No bill text available