House Bill 118, sponsored by Lamberth, proposes an amendment to Tennessee Code Annotated, specifically Section 67-6-106, which pertains to taxation. The bill seeks to change the year referenced in the current law from "2030" to "2031."

This amendment is intended to update the timeline within the existing tax legislation. The bill will take effect immediately upon becoming law, emphasizing the urgency of the change for the public welfare.

Statutes affected:
Introduced: 67-6-106