House Bill 118, also known as Senate Bill 1295, proposes an amendment to Tennessee Code Annotated, specifically Section 67-6-106, which pertains to taxation. The bill seeks to change the year referenced in the current law from "2030" to "2031."

This adjustment is intended to update the timeline within the tax code, ensuring that it reflects the most current legislative intent. The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the amendment for the public welfare.

Statutes affected:
Introduced: 67-6-106