SB1465 amends Tennessee's tax code to redefine labor and service costs for taxation purposes.
SB1465 modifies Tennessee's tax code to change how labor and service costs are taxed. It removes the previous definition of "labor or service cost" and adds a new definition that includes repair and installation labor charges if separately stated on an invoice. The bill also removes certain subdivisions from the tax code and takes effect for rule promulgation immediately, with other provisions effective July 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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