HB 1486: Taxes, Exemption and Credits - As introduced, establishes a sales tax holiday on food and food ingredients and on prepared food from July 1, 2026, through September 30, 2026, if purchased by a person at least 65 years of age. - Amends TCA Section 67-6-228 and Title 67, Chapter 6, Part 3.

Plain-language summary

HB 1486 is a bill introduced in the Tennessee House on January 8, 2026. According to its official title, it concerns: Taxes, Exemption and Credits - As introduced, establishes a sales tax holiday on food and food ingredients and on prepared food from July 1, 2026, through September 30, 2026, if purchased by a person at least 65 years of age. - Amends TCA Section 67-6-228 and Title 67, Chapter 6, Part 3. Primary sponsor: Michael Hale (Republican). Most recent recorded action (April 15, 2026): Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written