Senate Bill 2690 and House Bill 2793 propose amendments to the Tennessee Code Annotated, specifically targeting the sales and use tax provisions in Section 67-6-104. The bill extends the deadlines for certain tax-related provisions by changing the date in subdivision (m)(1)(B) from "December 31, 2024" to "December 31, 2030," and in subdivision (m)(2) from "June 30, 2025" to "June 30, 2031."

These changes aim to provide an extended timeline for compliance with sales and use tax regulations, thereby potentially easing the burden on taxpayers and businesses in Tennessee. The act is set to take effect immediately upon becoming law, emphasizing the urgency of the changes for public welfare.

Statutes affected:
Introduced: 67-6-104