Taxes, Sales - As introduced, reduces the rate on the state sales tax on food and food ingredients from 4 percent to 2 percent of the sales price. - Amends TCA Title 67, Chapter 6.

Summary

House Bill 2059 cuts the state sales tax on food and food ingredients in half, changing the rate from four percent to two percent of the sales price. The amendment applies to all taxable sales of these items and will become effective on July 1, 2026. The change is presented as a measure to benefit the public welfare by lowering food costs.

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

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