Senate Joint Resolution 464, sponsored by Johnson, recognizes and honors Tennessee's retailers for their significant role in collecting and remitting sales taxes for the state. In 2024, retailers collected approximately fourteen billion dollars in sales taxes, which are essential for state revenue. The resolution highlights the financial burden retailers face due to transaction fees associated with credit and debit card payments, which are applied to the total transaction amount, including the sales tax. This means that retailers are effectively absorbing these fees on behalf of the state, which benefits from the sales tax portion of the transactions.

The resolution calls for collaboration between the state and retailers to address the challenges associated with the collection and remittance of sales taxes. It expresses appreciation for the efficiency and dedication of Tennessee's retailers in fulfilling this important responsibility, acknowledging the costs they incur in the process. The resolution aims to formally recognize their contributions and the need for a supportive partnership moving forward.