HB 714: Taxes, Sales - As introduced, requires the commissioner of revenue to establish a sales tax remittance schedule that allows dealers making sales to reasonably offset the burden of transaction fees associated with the collection of sales tax. - Amends TCA Title 67, Chapter 6.

Plain-language summary

HB 714 is a bill introduced in the Tennessee House on February 3, 2025. According to its official title, it concerns: Taxes, Sales - As introduced, requires the commissioner of revenue to establish a sales tax remittance schedule that allows dealers making sales to reasonably offset the burden of transaction fees associated with the collection of sales tax. - Amends TCA Title 67, Chapter 6. Primary sponsor: Charlie Baum (Republican). Most recent recorded action (February 10, 2025): Assigned to s/c Finance, Ways, and Means Subcommittee.

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