Bill Title: As introduced, establishes a statutory mechanism for automatic adjustments to the current excise tax rate of 6.5 percent based on economic conditions. - Amends TCA Section 9-4-5202 and Title 67, Chapter 4, Part 20.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2020-02-25 - Refer to Senate Finance, Ways & Means Committee w/ negative recommendation [SB2686 Detail]

Text: Latest bill text (Draft #1) [PDF]

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