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TN SB1963

Bill

Official Source

Status

Introduced

1/22/2026

Primary Sponsor

Page Walley

Click for details

Origin

Senate

114th General Assembly

AI Summary

  • Amends Tennessee Code Section 67-4-1702(3) to limit a privilege tax exemption to professionals who have practiced for 20 years or less
  • Takes effect immediately upon becoming law
  • Applies to privilege taxes due and payable after May 31, 2027

Legislative Description

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 17, relative to taxation.

Taxes, Privilege

Last Action

Refer to Senate Finance, Ways & Means Committee w/ negative recommendation

3/3/2026

Committee Referrals

Finance, Ways and Means3/3/2026
Revenue Subcommittee2/24/2026
Finance, Ways and Means2/5/2026

Full Bill Text

No bill text available