Senate Bill 1835, sponsored by Akbari, proposes an amendment to Tennessee Code Annotated, Title 67, Chapter 6, concerning the taxation of food and food ingredients. The bill specifically reduces the tax rate on these items from four percent (4%) to two percent (2%).
The new tax rate is set to take effect on July 1, 2026, emphasizing the bill's intent to alleviate the financial burden on consumers purchasing food products. This change aims to support public welfare by making essential food items more affordable for residents of Tennessee.
Statutes affected: Introduced: 67-6-228(a), 67-6-228