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

SB 2633: Taxes - As enacted, adds to the definition of a "qualified public use facility" as used in the Local Tourism Development Zone Business Tax Act a mixed-use development containing a performance venue with a seating capacity of at least 2,500; authorizes a municipality or public authority that has financed a qualified public use facility within a tourism development zone and that qualifies for an allocation of sales tax revenue from within that zone under the Convention Center and Tourism Development Financing Act of 1998 and under other provisions of sales tax law to use the revenue for purposes authorized in the act or other law. - Amends TCA Title 7 and Title 67.

In committee Last action May 27, 2026: Comp. became Pub. Ch. 1034

Plain-language summary

SB 2633 is a bill introduced in the Tennessee Senate on February 2, 2026. According to its official title, it concerns: Taxes - As enacted, adds to the definition of a "qualified public use facility" as used in the Local Tourism Development Zone Business Tax Act a mixed-use development containing a performance venue with a seating capacity of at least 2,500; authorizes a municipality or public authority that has financed a qualified public use facility within a tourism development zone and that qualifies for an allocation of sales tax revenue from within that zone under the Convention Center and Tourism Development Financing Act of 1998 and under other provisions of sales tax law to use the revenue for purposes authorized in the act or other law. - Amends TCA Title 7 and Title 67. Primary sponsor: Jessie Seal (Republican). Most recent recorded action (May 27, 2026): Comp. became Pub. Ch. 1034.

Sponsors

Primary sponsor: Jessie Seal (Republican).