Tennessee · 114th Regular Session (2025-2026) · Bill

HB 397: Taxes, Sales - As enacted, authorizes an entity designated to operate a stadium designed to host games of an intercollegiate football team that competes in the NCAA Division I Football Championship Subdivision (FCS) to receive a special allocation of state and local sales tax revenue derived from the sale of admission to events occurring within the stadium and from all sales of food, drinks, merchandise, and parking sold on the premises of the stadium to fund capital and operation expenses for the stadium. - Amends TCA Title 67, Chapter 6.

Enacted Last action May 14, 2026: Pub. Ch. 927

Plain-language summary

HB 397 is a bill introduced in the Tennessee House on January 28, 2025. According to its official title, it concerns: Taxes, Sales - As enacted, authorizes an entity designated to operate a stadium designed to host games of an intercollegiate football team that competes in the NCAA Division I Football Championship Subdivision (FCS) to receive a special allocation of state and local sales tax revenue derived from the sale of admission to events occurring within the stadium and from all sales of food, drinks, merchandise, and parking sold on the premises of the stadium to fund capital and operation expenses for the stadium. - Amends TCA Title 67, Chapter 6. Primary sponsor: Greg Vital (Republican). Most recent recorded action (May 14, 2026): Pub. Ch. 927.

Sponsors

Primary sponsor: Greg Vital (Republican).