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Bill > HB2950
TN HB2950
TN HB2950AN ACT to amend Tennessee Code Annotated, Title 57 and Title 67, relative to alcohol.
summary
Introduced
01/31/2024
01/31/2024
In Committee
04/08/2024
04/08/2024
Crossed Over
Passed
06/03/2024
06/03/2024
Dead
Signed/Enacted/Adopted
06/03/2024
06/03/2024
Introduced Session
113th General Assembly
Bill Summary
As enacted, requires, in the context of licensee bond payments, each holder of a license authorizing the consumption of alcoholic beverages on the premises to post with the department of revenue a bond of not less than $10,000 for purposes of ensuring proper payment of taxes in accordance with rules promulgated under the bill. - Amends TCA Title 57 and Title 67.
AI Summary
This bill amends Tennessee law to require each holder of a license authorizing the consumption of alcoholic beverages on the premises to post a bond of at least $10,000 with the Department of Revenue. The bond is intended to ensure proper payment of taxes, and the Department will promulgate rules to implement this new requirement in accordance with the Uniform Administrative Procedures Act. The bill takes effect on July 1, 2024.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Comp. became Pub. Ch. 1069 (on 06/03/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB2950&ga=113 |
| BillText | https://publications.tnsosfiles.com/acts/113/pub/pc1069.pdf |
| Amendment 1-0 to HB2950 | https://www.capitol.tn.gov/Bills/113/Amend/HA0848.pdf |
| Fiscal Memo for HA0848 (15019) | https://www.capitol.tn.gov/Bills/113/Fiscal/FM2150.pdf |
| Fiscal Note - HB2950 | https://www.capitol.tn.gov/Bills/113/Fiscal/HB2950.pdf |
| BillText | https://www.capitol.tn.gov/Bills/113/Bill/HB2950.pdf |
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