Senate Bill 826 amends Tennessee Code Annotated, specifically Section 67-4-708(3)(C), to include a new category of services that are subject to business tax. The bill adds a new subdivision (xvii) that specifically includes "services furnished by persons engaged in the appraisal of real estate or real property." This addition expands the scope of taxable services under the business tax framework.

Additionally, the bill updates the existing language in the same section by deleting references to subdivisions (3)(C)(i)-(xvi) and replacing them with subdivisions (3)(C)(i)-(xvii) to reflect the inclusion of the new appraisal services category. The act is set to take effect immediately upon becoming law, emphasizing its importance for public welfare.

Statutes affected:
Introduced: 67-4-708(3)(C), 67-4-708