Tennessee · 114 session · house
HB 2502Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.
- Status
- Signed into law
- Latest action
- — Effective date(s) 05/21/2026, 01/01/2027
- Primary sponsor
- Sexton
- Banks and Financial Institutions
Sponsors
- Sexton · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.