TN HB0767 | 2025-2026 | 114th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 4 2025 - 25% progression
Action: 2025-02-10 - Assigned to s/c Finance, Ways, and Means Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on February 4 2025 - 25% progression
Action: 2025-02-10 - Assigned to s/c Finance, Ways, and Means Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, exempts from business tax, receipts from the sale of a prescription drug or medicine with a cost for a 30-day equivalent supply that exceeds the medicare cost threshold for 2025 plan years and services necessary for proper preparation, storage, handling, administration, patient education, or post-sale monitoring of such exempted drugs or medicines. - Amends TCA Title 67, Chapter 4, Part 7.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 7, relative to taxation.
Sponsors
| Rep. Gary Hicks [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-10 | House | Assigned to s/c Finance, Ways, and Means Subcommittee |
| 2025-02-06 | House | P2C, ref. to Finance, Ways, and Means Committee |
| 2025-02-05 | House | Intro., P1C. |
| 2025-02-04 | House | Filed for introduction |
Same As/Similar To
SB0907 (Crossfiled) 2025-02-18 - Refer to Senate F,W&M Revenue Subcommittee
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0767&ga=114 |
| Text | https://www.capitol.tn.gov/Bills/114/Bill/HB0767.pdf |
