Tennessee House Bill HB0793

Tennessee 2023-2024 Regular Session

• Introduced: 1/30/23
• Refer: 2/2/23

Caption

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21, relative to taxation.

Impact

The bill will directly alter existing tax codes outlined in Title 67, Chapter 4, Parts 20 and 21 of the Tennessee Code Annotated. By ensuring that all individuals subject to tax are required to register within a specified timeframe, the legislation aims to streamline the registration process, potentially leading to increased efficiency in tax collection. This could have broader implications for state revenue by improving the administrative processes the department of revenue utilizes in tracking and collecting taxes.

Summary

House Bill 793 proposes amendments to the Tennessee Code Annotated concerning taxation, specifically addressing the registration requirements for individuals subject to certain tax laws. By changing the language in sections relevant to tax registration, the bill aims to clarify the obligations of taxpayers in terms of the timely filing of registration forms with the department of revenue. This change emphasizes the importance of adhering to deadlines to ensure compliance with state tax laws.

Contention

Notable points of contention around HB 793 could arise concerning the administrative burden it places on taxpayers. Critics may argue that introducing stricter registration requirements could create complications for individuals or small businesses that may find it challenging to comply with the new regulations. Opponents may also express concerns over the potential for increased oversight and the implications it carries for privacy and personal data, especially in a climate where many prioritize the simplification of taxes and minimal governmental interference.