House Bill 726, sponsored by Representative Hicks, proposes an amendment to Tennessee Code Annotated, specifically Section 67-5-701(d)(1), which pertains to taxation. The bill seeks to change the current timeframe for a specific requirement from "thirty-five (35) days" to "forty (40) days."

This adjustment aims to provide additional time for compliance with the relevant tax regulations. The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the amendment for the public welfare.

Statutes affected:
Introduced: 67-5-701(d)(1), 67-5-701