Bill
Bill > SB2314
TN SB2314
TN SB2314AN ACT to amend Tennessee Code Annotated, Title 57, Chapter 3 and Title 67, relative to taxation.
summary
Introduced
02/02/2026
02/02/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, exempts from the state sales and use tax the retail sale of food and food ingredients. - Amends TCA Title 57, Chapter 3 and Title 67.
AI Summary
This bill, effective July 1, 2026, amends Tennessee law to exempt the retail sale of food and food ingredients from state sales and use tax, meaning consumers will no longer pay this tax on groceries. It also makes conforming changes to existing tax codes, including removing references to taxing food and food ingredients in certain sections and adjusting language related to businesses that derive a portion of their sales from food and food ingredients to reflect the new exemption. The bill also removes a provision that earmarked revenue from a portion of the sales tax on food and food ingredients for K-12 education, indicating a shift in how that revenue is handled or no longer collected.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee (on 02/05/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=SB2314&ga=114 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB2314.pdf |
| Fiscal Note - HB1842 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB1842.pdf |
Loading...