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

HB 767: Taxes, Business - As introduced, exempts from business tax, receipts from the sale of a prescription drug or medicine with a cost for a 30-day equivalent supply that exceeds the medicare cost threshold for 2025 plan years and services necessary for proper preparation, storage, handling, administration, patient education, or post-sale monitoring of such exempted drugs or medicines. - Amends TCA Title 67, Chapter 4, Part 7.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 767 is a bill introduced in the Tennessee House on February 4, 2025. According to its official title, it concerns: Taxes, Business - As introduced, exempts from business tax, receipts from the sale of a prescription drug or medicine with a cost for a 30-day equivalent supply that exceeds the medicare cost threshold for 2025 plan years and services necessary for proper preparation, storage, handling, administration, patient education, or post-sale monitoring of such exempted drugs or medicines. - Amends TCA Title 67, Chapter 4, Part 7. Primary sponsor: Gary Hicks (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

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Gary HicksPrimary sponsorRepublicanHouse9

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Taken off notice for cal in s/c Finance, Ways and Means Subcommittee of Finance, Ways and Means Committee
  2. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026
  3. Action Def. in s/c Finance, Ways, and Means Subcommittee to the Final Calendar 2
  4. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/1/2026
  5. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
  6. Placed behind the budget
  7. Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/5/2025
  8. Assigned to s/c Finance, Ways, and Means Subcommittee
  9. P2C, ref. to Finance, Ways, and Means Committee
  10. Intro., P1C.
  11. Filed for introduction

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source