Tennessee SB 512: Taxes, Sales - As introduced, authorizes qualifying retailers in the restaurant and other eating places industry or the mobile food services industry, and other retail businesses that have lost at least 25 percent in revenue, to temporarily deduct up to $50,000 of net taxable sales from their monthly state sales tax return and retain the resulting state sales tax revenue. - Amends TCA Title 67, Chapter 6.

Status: Assigned to General Subcommittee of Senate Finance, Ways & Means Revenue Subcommittee (as of 2021-04-05)

State: Tennessee · Session: 112 · Bill: SB 512

Subjects: Sales, Taxes

Sponsors: Lundberg

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