Bill > HB0189

This bill repeals Tennessee's professional privilege tax, which is a tax levied on individuals for the privilege of practicing certain professions, businesses, or occupations. Currently, the tax year runs from June 1 to May 31, and the tax is due on June 1. The bill amends Tennessee Code Annotated (TCA) Title 67, Chapter 4, Part 17, to eliminate this tax for tax years beginning on or after June 1, 2026. For tax years ending on or before May 31, 2026, the tax will remain $400, but for any tax year ending after that date, the tax will be $0. The bill also clarifies that this repeal does not affect any tax liability incurred for tax years ending before June 1, 2026, and the changes will apply to privilege taxes due and payable after May 31, 2026.

Budget and Finance

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0189&ga=114