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SB 752

Taxes, Business - As introduced, authorizes the commissioner of revenue to change the due date of the taxpayer's business tax return to a date that is not less than 60 calendar days, rather than two calendar months, following the end of the taxpayer's business tax period for purposes of the commissioner changing a taxpayer's business tax period to correspond to the taxpayer's fiscal year. - Amends TCA Title 67, Chapter 4, Part 7.

114th Regular Session (2025-2026) Introduced by Ken Yager

SB 752 allows Tennessee's Revenue Commissioner to set business tax return deadlines at 60 calendar days (not two calendar months) after tax periods end when realigning to fiscal years.

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
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Bill Summary · SB 752

Legislative bill overview

SB 752 modifies Tennessee tax law to allow the Revenue Commissioner to set business tax return due dates at 60 calendar days (rather than two calendar months) after a business's tax period ends. This change applies when the commissioner aligns a taxpayer's business tax period with their fiscal year.

Why is this important

The shift from "two calendar months" to "60 calendar days" creates a concrete, standardized deadline that reduces ambiguity in tax filing requirements. For businesses undergoing tax period realignment, clearer due dates can improve compliance and reduce disputes with tax authorities over deadline interpretation.

Potential points of contention

  • Technical vs. practical impact: The change appears minor on its surface—60 days is roughly equivalent to two months—but creates a fixed deadline rather than variable month-based calculations, which some may view as unnecessarily prescriptive
  • Taxpayer burden: Businesses newly aligned to fiscal-year reporting may face compressed timelines if previously granted longer periods, potentially increasing compliance costs
  • Revenue Commissioner discretion: The bill grants the commissioner authority to change due dates, which could be seen as either necessary administrative flexibility or as concentrating power without sufficient legislative oversight

Compiled from official sources — confirm details with the bill’s official record.

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