Bill > SB2116

This bill amends Tennessee law concerning sales and use tax exemptions, specifically by adding "books" with a sales price of $100 or less per item to the list of items exempt from sales tax during the annual sales tax holiday, which is a designated period where certain goods are not subject to sales tax. It also clarifies the definition of "books" for tax purposes, specifying that it includes non-fiction, fiction, short stories, reference books, textbooks, and workbooks, but excludes newspapers, magazines, and periodicals, and it removes reference maps and globes from a specific exemption category to make room for the new book exemption. This change is intended to provide a sales tax holiday for books, making them more affordable for consumers.

Budget and Finance

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB2116&ga=114