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Thursday, July 9, 2026

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TN · SB2166INTRO · 0 COSPONSORS

AN ACT to amend Tennessee Code Annotated, Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67, relative to money transmission.

Where it is in the process
Plain-English Summary

As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.

Source: OpenStates · fetched May 27, 2026

Votes
Sponsorship · 1 Sponsor
Democrat0Republican1Independent0Other0
  • R · PrimeBo Watson
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