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HB1368In Committee

Amends TCA Title 67, Chapter 4, Part 7.

Tennessee HB1368 proposes to exempt services provided by individuals engaged in the appraisal of real estate or real property from the state's business tax. This change primarily affects real estate appraisers and their clients, potentially reducing the tax burden on appraisal services. The bill seeks to amend the relevant section of the Tennessee Code Annotated (TCA) Title 67, Chapter 4, Part 7.

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Overview

Tennessee HB1368 proposes to exempt services provided by individuals engaged in the appraisal of real estate or real property from the state's business tax. This change primarily affects real estate appraisers and their clients, potentially reducing the tax burden on appraisal services. The bill seeks to amend the relevant section of the Tennessee Code Annotated (TCA) Title 67, Chapter 4, Part 7.

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Sponsor

Barrett, Jody

Details
Session

114th General Assembly

Introduced

February 6, 2025

Last Action

April 15, 2026

Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee

Subjects
Taxes, BusinessTaxes, Exemption and CreditsReal Property

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HB1368: Amends TCA Title 67, Chapter 4, Part 7. | LegisGo