House Bill 560 amends Tennessee Code Annotated, specifically Section 67-4-1704(d), by adding a provision that states the list is subject to restrictions on use as determined by the commissioner. This insertion clarifies the authority of the commissioner regarding the management and application of the list in question, ensuring that there are guidelines governing its use.

The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the changes being made to the taxation regulations in Tennessee. This legislative action reflects a commitment to maintaining oversight and control over the use of the specified list within the tax code.

Statutes affected:
Introduced: 67-4-1704(d), 67-4-1704