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TN SB1164

TN SB1164
AN ACT to amend Tennessee Code Annotated, Section 67-6-228, relative to food and food ingredients.


summary

Introduced
02/06/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, exempts the retail sale of fresh, frozen, and canned fruit and vegetables for human consumption from the food retail sales tax. - Amends TCA Section 67-6-228.

AI Summary

This bill amends Tennessee's tax code to create a specific exemption from retail sales tax for fresh, frozen, and canned fruits and vegetables intended for human consumption. Currently, food and food ingredients are taxed at a rate of 4% of the sales price, but this legislation would remove the sales tax specifically for fruits and vegetables in these forms. By exempting these essential food items from taxation, the bill aims to make fresh produce more affordable for Tennessee residents. The tax exemption will go into effect on July 1, 2025, giving businesses and tax authorities time to prepare for the change. This type of legislation is often intended to reduce the financial burden on consumers, particularly those with lower incomes, by making nutritious food more accessible through tax relief.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025 (on 04/17/2025)

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