AN ACT to amend Tennessee Code Annotated, Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67, relative to money transmission.

As introduced, classifies a money transmission originating in this state to a location outside of the United States or its territories as a service transaction subject to the sales and use tax; requires revenues from such tax to be allocated to certain purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.