2025-2026 Regular SessionTennessee Legislature

SB1095: AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 3, relative to exemptions from sales and use tax.

Legislative Summary

As introduced, exempts from sales tax, the first $20 of the sales price on a sale of tangible personal property paid for with physical cash declared legal tender, including gold and silver. - Amends TCA Title 67, Chapter 6, Part 3.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/5/2025
Filed for introduction
Senate
2/10/2025
Introduced, Passed on First Consideration
Senate
2/12/2025
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Senate
2/25/2025
Refer to Senate Finance, Ways & Means Committee Revenue Subcommittee
Senate
3/4/2025
Placed on Senate FW&M Revenue Subcommittee calendar for 3/11/2025
Senate
3/11/2025
Refer to Senate Finance, Ways & Means Committee w/ negative recommendation
Senate
4/14/2025
Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
Senate
4/14/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
Senate
4/17/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
Senate

Status Information

Current Status
Introduced(2/5/2025)
Chamber
Senate

Sponsors

Republican: 1

Documents

Draft
Bill Text2/11/20258.2 KB
Draft
Bill Text2/6/20258.2 KB
Draft
Bill Text2/5/20258.2 KB
Fiscal Note
Fiscal Note3/7/2025159.7 KB