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SB2615 • 2026

Taxes

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

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Yarbro, Salinas
Last action
2026-04-06
Official status
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details on enforcement measures or consequences for late submissions.

Tax Exemption Application Deadline Change

This bill changes the deadline for filing or renewing an excise tax exemption application from the fifteenth day to the twentieth day of the fourth month after the end of a tax year.

What This Bill Does

  • Changes the deadline for applying for or renewing an excise tax exemption from the 15th day to the 20th day of the fourth month following the close of the first tax year.
  • Updates Tennessee Code Annotated, Title 67.

Who It Names or Affects

  • Taxpayers eligible for an excise tax exemption under current law.

Terms To Know

Excise Tax Exemption
A reduction or exclusion from paying a specific type of tax, usually related to certain goods or activities.

Limits and Unknowns

  • The bill does not specify what happens if an application is submitted after the new deadline.
  • It is unclear how many taxpayers will be affected by this change.
  • There are no details on enforcement measures for non-compliance with the new deadline.

Bill History

  1. 2026-04-06 Tennessee General Assembly

    Assigned to General Subcommittee of Senate Finance, Ways & Means Committee

  2. 2026-03-05 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee

  3. 2026-03-02 Tennessee General Assembly

    Introduced, Passed on First Consideration

  4. 2026-03-02 Tennessee General Assembly

    Approved by Delayed Bills Committee

  5. 2026-02-05 Tennessee General Assembly

    P2C, caption bill, held on desk - pending amdt.

  6. 2026-02-04 Tennessee General Assembly

    Intro., P1C.

  7. 2026-02-03 Tennessee General Assembly

    Filed for introduction

  8. 2026-02-02 Tennessee General Assembly

    Refer to Senate Delayed Bills Committee

  9. 2026-02-02 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text 
HOUSE BILL 2601
By Salinas

SENATE BILL 2615
By Yarbro
SB2615
012753
- 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 67-4-2008(f), is amended by deleting
"fifteenth day" wherever it appears in the subsection and substituting instead "twentieth day".
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.