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

SB 2042: Taxes, Sales - As introduced, authorizes the commissioner of revenue to issue a certificate of exemption to a taxpayer who qualifies for the sales and use tax exemption on qualified building materials used in the construction, expansion, or renovation of one or more qualified, new, or expanded warehouse or distribution facilities in paper or electronic medium. - Amends TCA Title 67, Chapter 6.

In committee Last action April 20, 2026: Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

Plain-language summary

SB 2042 is a bill introduced in the Tennessee Senate on January 22, 2026. According to its official title, it concerns: Taxes, Sales - As introduced, authorizes the commissioner of revenue to issue a certificate of exemption to a taxpayer who qualifies for the sales and use tax exemption on qualified building materials used in the construction, expansion, or renovation of one or more qualified, new, or expanded warehouse or distribution facilities in paper or electronic medium. - Amends TCA Title 67, Chapter 6. Primary sponsor: Brent Taylor (Republican). Most recent recorded action (April 20, 2026): Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026.

Sponsors

Primary sponsor: Brent Taylor (Republican).