Senate Bill 1695 proposes an amendment to Tennessee Code Annotated, specifically Section 67-6-393, to introduce a new exemption from the retail sales tax on food and food ingredients. The bill stipulates that food sold between 12:01 a.m. and 11:59 p.m. on the fifth day of any month will be exempt from this tax. However, it clarifies that this exemption does not apply to sales from micro markets or vending machines.

The bill is set to take effect on July 1, 2026, contingent upon the public welfare. This legislative change aims to provide financial relief to consumers purchasing food during the specified time frame each month, while maintaining tax obligations for certain sales channels.

Statutes affected:
Introduced: 67-6-393