House Bill 1486 and Senate Bill 1785 propose an amendment to Tennessee Code Annotated, specifically Section 67-6-393(j), to introduce a new tax exemption for certain retail food sales. The bill stipulates that from July 1, 2026, to September 30, 2026, the retail sale of food and food ingredients will be exempt from taxation for individuals aged sixty-five (65) years or older. However, this exemption does not apply to sales made through micro markets or vending machines.

The legislation aims to provide financial relief to senior citizens by exempting them from sales tax on food purchases during the specified period. The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the public welfare in implementing this tax relief measure.

Statutes affected:
Introduced: 67-6-393(j), 67-6-393