Taxes

Plain English Breakdown

The bill summary does not provide specific details on the nature or extent of the use restrictions, leaving some uncertainty about their implementation and impact.

Changes to Professional Privilege Tax Rules

This bill clarifies that the list of taxpayers who are late on their professional privilege tax payments is subject to restrictions determined by the commissioner of revenue.

What This Bill Does

• Clarifies that the monthly list of delinquent professional privilege tax payers transmitted to licensing boards and agencies is subject to use restrictions as determined by the commissioner of revenue.

Who It Names or Affects

• Taxpayers who are late on their professional privilege tax payments
• Licensing boards and agencies in Tennessee

Terms To Know

Professional Privilege Tax

A type of tax that certain professionals must pay.

Commissioner of Revenue

The person responsible for managing the state's revenue and taxes.

Limits and Unknowns

• Does not specify what restrictions will be placed on using the list.
• It is unclear how this change will affect taxpayers or agencies in practice.

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

HOUSE BILL 560
By Capley

SENATE BILL 496
By Walley

SB0496
002005
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 67,
relative to taxation.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 67-4-1704(d), is amended by
inserting the language ", and the list is subject to such restrictions on use as determined by the
commissioner" immediately after the language "extended period".
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.