Bill > HB1880

This bill amends Tennessee Code Annotated, Title 67, Chapter 4, Part 17, which relates to taxation, specifically the professional privilege tax. The key provision is that licensed attorneys who have practiced law for twenty (20) years or less will now be subject to this tax, whereas previously, the law did not specify a time limit for attorneys to be exempt. This change means that attorneys with more than 20 years of practice will no longer have to pay the professional privilege tax, while those with 20 years or less of practice will be required to pay it. The act takes effect upon becoming law and applies to privilege taxes due and payable after May 31, 2027.

Budget and Finance

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1880&ga=114