Tennessee HB2671 allows the city of Jellico to impose a privilege tax on restaurants until July 1, 2031.

Tennessee HB2671 amends the 2008 Private Acts to authorize the city of Jellico to levy a privilege tax on restaurants, up to 2% of the consideration charged, until July 1, 2031. The tax requires public notice and a public hearing, with a two-thirds vote of the city's legislative body needed for approval. Exemptions include food served at churches, schools, senior citizen centers, nursing homes, and boarding houses with certain sales thresholds. All tax revenue must be used for debt service related to capital outlay. If any part of the act is found invalid, the rest remains in effect.

Tennessee HB2671 allows the city of Jellico to impose a privilege tax on restaurants until July 1, 2031.

Tennessee HB2671 amends the 2008 Private Acts to authorize the city of Jellico to levy a privilege tax on restaurants, up to 2% of the consideration charged, until July 1, 2031. The tax requires public notice and a public hearing, with a two-thirds vote of the city's legislative body needed for approval. Exemptions include food served at churches, schools, senior citizen centers, nursing homes, and boarding houses with certain sales thresholds. All tax revenue must be used for debt service related to capital outlay. If any part of the act is found invalid, the rest remains in effect.