Taxes, Sales - As introduced, authorizes a county with a metropolitan government to levy a tax on the retail sale of food and food ingredients for human consumption within the county at a rate less than the local option sales tax rate. - Amends TCA Title 7 and Title 67.

Summary

The bill lets a county with a metropolitan government tax food sales at a rate below the standard local sales tax, or exempt them entirely. It applies to retail food and food ingredients for human consumption and requires the government to file the ordinance with the Department of Revenue. The change takes effect for metros on October 1, 2026 (cities/towns on October 1, 2024).

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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