House Bill 526, also known as Senate Bill 752, proposes an amendment to the Business Tax Act within the Tennessee Code Annotated. Specifically, it modifies Section 67-4-715(g) by replacing the phrase "two (2) calendar months" with "sixty (60) calendar days." This change aims to clarify the time frame related to the business tax regulations.

The bill is set to take effect on July 1, 2025, emphasizing the importance of the public welfare in its implementation. This adjustment is intended to streamline the business tax process and provide clearer guidelines for compliance.

Statutes affected:
Introduced: 67-4-715(g), 67-4-715