TN HB0397 | 2025-2026 | 114th General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 28 2025 - 25% progression
Action: 2025-02-05 - Sponsor(s) Added.
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 28 2025 - 25% progression
Action: 2025-02-05 - Sponsor(s) Added.
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, authorizes an entity designated to operate a stadium designed to host games of an intercollegiate football team that competes in the NCAA Division I Football Championship Subdivision (FCS) to receive a special allocation of state and local sales tax revenue derived from the sale of admission to events occurring within the stadium and from all sales of food, drinks, merchandise, and parking sold on the premises of the stadium to fund capital and operation expenses for the stadium. - Amends TCA Title 67, Chapter 6.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, relative to sales and use taxes.
Sponsors
Rep. Yusuf Hakeem [D] | Rep. Greg Vital [R] |
History
Date | Chamber | Action |
---|---|---|
2025-02-05 | House | Sponsor(s) Added. |
2025-02-05 | House | Assigned to s/c Finance, Ways, and Means Subcommittee |
2025-02-05 | House | P2C, ref. to Finance, Ways, and Means Committee |
2025-02-03 | House | Intro., P1C. |
2025-01-28 | House | Filed for introduction |
Same As/Similar To
SB0211 (Crossfiled) 2025-02-18 - Refer to Senate Finance, Ways, and Means Committee