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."
The act is designed to take effect immediately upon becoming law, emphasizing the necessity for timely implementation for the public welfare.
Statutes affected: Introduced: 67-6-106