Senate Bill 2453 amends Tennessee Code Annotated, Title 67, Chapter 6, concerning tax revenue timelines. Specifically, it modifies the deadlines for certain tax provisions by changing the date "December 31, 2026" to "December 31, 2040" in Section 67-6-104(m)(1)(C). Additionally, it alters the date "June 30, 2031" to "June 30, 2041" in Section 67-6-104(m)(2).

The bill aims to extend the deadlines for these tax provisions, thereby allowing for a longer period before the specified tax regulations must be reviewed or renewed. This change is intended to provide more stability and predictability in tax revenue management for the state. The act will take effect upon becoming law, emphasizing the urgency of the public welfare.

Statutes affected:
Introduced: 67-6-104(m)(1)(C), 67-6-104, 67-6-104(m)(2)