Tennessee lawmakers have introduced several bills aimed at reducing tax burdens for residents on essential items such as groceries, school supplies, diapers, and feminine hygiene products due to high inflation. One proposed bill would exempt feminine hygiene products from sales tax during the state’s annual sales tax holiday, while another bill would remove sales tax on infant diapers, wipes, and formula for a full year. Democrats also tried to reduce the state sales tax rate on food items and increase taxes on tobacco products.
Additionally, a bill was filed to exempt food and food ingredients eligible under SNAP and WIC programs from state sales tax. However, some bills, such as one regarding the retail sale of marijuana, are unlikely to pass through committee. If passed, the bill would authorize retail marijuana sales and impose a 12% tax on all cannabis sales. The tax revenue would be distributed to the general fund, educational purposes, and a special infrastructure account for future projects.
While some bills have been placed behind the budget for further consideration, others, like the ones related to sales tax on essential items, aim to provide relief to Tennesseans struggling with the economic impact of inflation. These bills represent lawmakers’ efforts to alleviate financial burdens on residents in the state.
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