Senate Bill 2116 amends the Tennessee Code Annotated regarding sales and use tax exemptions, specifically focusing on the definition and inclusion of books. The bill introduces a new exemption for books priced at $100 or less, modifies existing language related to reference maps and globes, and provides a detailed definition of "books." This definition clarifies that books are written or printed pages fastened on one side and includes various types of literary works, while explicitly excluding newspapers, magazines, and periodicals.

Additionally, the bill makes specific changes to existing subdivisions in the law. It deletes the word "and" at the end of one subdivision and replaces the period at the end of another with a semicolon, indicating a continuation of the list. The act is set to take effect on July 1, 2026, emphasizing its role in enhancing the clarity and applicability of sales tax exemptions related to books in Tennessee.

Statutes affected:
Introduced: 67-6-393(b)(1), 67-6-393, 67-6-393(b)(2), 67-6-102