state_legiscan_drain · TN
AN ACT to amend Tennessee Code Annotated, Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67, relative to money transmission.
February 2, 2026
Summary
If enacted, this bill would classify money transmissions from Tennessee to locations outside the U.S. or its territories as service transactions subject to sales and use tax, with revenues allocated to specific purposes. It would affect money transmitters operating in Tennessee.
Source: https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=SB2166&ga=114
Common questions
- What does "AN ACT to amend Tennessee Code Annotated, Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67, relative to money transmission." cover?
- If enacted, this bill would classify money transmissions from Tennessee to locations outside the U.S. or its territories as service transactions subject…
- When was it published?
- It was published on February 2, 2026.