· TN legislature · 114

Taxes, Business - 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.

Sponsor

Gary Hicks (R-TN)

Introduced

2025-02-04

Policy area

Taxation

Latest action

Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/1/2026