AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 7, relative to taxation.

Introduced on 2/5/25

Version 1 Text

Summary

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From the Legislature

As introduced, exempts from business tax, receipts from the sale of a prescription drug or medicine with a cost for a 30-day equivalent supply that exceeds the medicare cost threshold for 2025 plan years and services necessary for proper preparation, storage, handling, administration, patient education, or post-sale monitoring of such exempted drugs or medicines. - Amends TCA Title 67, Chapter 4, Part 7.

Sponsors

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Democratic CaucusRepublican Caucus

Calendar

Mar 4, 2025

9:30 AM

Senate Revenue Subcommittee Of Finance, Ways & Means Hearing

Apr 20

1:00 PM

Senate Finance, Ways And Means Hearing