SB0907Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 7, relative to taxation.
Introduced by Ferrell Haile, District 18
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
April 20, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
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Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Refer to Senate F,W&M Revenue Subcommittee
Placed on Senate FW&M Revenue Subcommittee calendar for 3/4/2025
Refer to Senate Finance, Ways & Means Committee w/ negaitve recommendation
Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
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