Bill Title: As introduced, imposes a one-cent per ounce privilege tax on bottled soft drinks containing sugar; reduces from 5.5% to 4.5% the retail sales tax rate on food, which includes soft drinks. - Amends TCA Title 67, Chapter 6, Part 2 and Title 67, Chapter 4.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2011-05-19 - Action Def. in s/c Finance Subcommittee to 5/19/2011 [HB0537 Detail]

Text: Latest bill text (Draft #2) [PDF]

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