Taxes, Sales - As enacted, extends the deadline by which a county that borders at least three distressed rural counties must apply to be eligible to retain the sales and use tax generated from a commercial development district from December 31, 2026, to December 31, 2040; extends the deadline for the commissioner of finance and administration to approve a commercial development district from June 30, 2031, to June 30, 2041. - Amends TCA Title 67, Chapter 6.
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
May 27Comp. became Pub. Ch. 1038Latest
Apr 22Companion House Bill substitutedMajor
Apr 21Placed on Senate Consent Calendar 2 for 4/22/2026
Apr 20Recommended for passage, refer to Senate Calendar Committee
Vote recorded SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 4/20/2026 Passed. Result: pass.Upper
Apr 20Sponsor(s) Added.Minor
Apr 16Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026
Apr 14Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
Mar 17Refer to Senate F,W&M Committee w/ negative recommendation
Mar 10Placed on Senate FW&M Revenue Subcommittee calendar for 3/17/2026
Feb 24Refer to Senate F,W&M Revenue Subcommittee
Feb 5Passed on Second Consideration, refer to Senate Finance, Ways, and Means CommitteeMinor
Feb 2Filed for introductionMinor
Feb 2Introduced, Passed on First ConsiderationIntroduced