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Bill > SB0397
TN SB0397
TN SB0397AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 17, relative to taxation.
summary
Introduced
01/28/2025
01/28/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, repeals the professional privilege tax for tax years that begin on and after June 1, 2026. - Amends TCA Title 67, Chapter 4, Part 17.
AI Summary
This bill amends Tennessee law concerning taxation by repealing the professional privilege tax, which is a tax levied on individuals for the privilege of practicing certain professions or engaging in certain businesses. Specifically, the bill changes the existing law to state that for tax years ending on or after May 31, 2026, the professional privilege tax will be zero dollars ($0), effectively eliminating it. The bill clarifies that this repeal applies to taxes due and payable after May 31, 2026, and does not affect any tax liability for periods before that date.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Sponsor(s) Added. (on 03/19/2026)
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=SB0397&ga=114 |
| Fiscal Note - HB0189 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB0189.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0397.pdf |
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