House Bill 694 amends Tennessee Code Annotated, specifically Section 67-1-105(a)(1), by changing the timeframe for a certain action from "within ten (10) days" to "within twelve (12) days." This adjustment extends the deadline for compliance or response related to taxation matters, providing individuals or entities an additional two days to meet their obligations.
The bill is set to take effect on July 1, 2025, emphasizing the importance of this change for the public welfare. This extension aims to offer more flexibility and time for taxpayers in Tennessee to fulfill their responsibilities under the law.
Statutes affected: Introduced: 67-1-105(a)(1), 67-1-105