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SB 1776

Taxes, Exemption and Credits - As introduced, establishes a sales tax holiday for the retail sale of firearms and ammunition during the period of July 3-6, 2026. - Amends TCA Title 67, Chapter 6, Part 3.

114th Regular Session (2025-2026)

Tennessee bill exempts firearms and ammunition from sales tax July 3-6, 2026, reducing state revenue during summer holiday period.

Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026
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Bill Summary · SB 1776

Legislative bill overview

SB 1776 would create a four-day sales tax holiday (July 3-6, 2026) exempting firearms and ammunition from Tennessee's sales tax. The bill modifies state tax code Title 67, Chapter 6, Part 3, which governs sales tax exemptions and credits.

Why is this important

Sales tax holidays directly reduce consumer costs for targeted products and represent foregone state revenue. This proposal is notable because it's among the few tax holidays specifically for firearms and ammunition rather than traditional categories like school supplies or clothing, raising questions about budgetary priorities and the state's revenue needs.

Potential points of contention

  • Revenue impact: Removing sales tax on firearms and ammunition during a peak summer sales period reduces state tax collections without clear offsetting revenue sources or fiscal analysis provided in bill materials
  • Policy precedent: Firearms are not typically included in state sales tax holidays; this represents a departure from conventional tax relief categories and may prompt debate about similar exemptions for other products
  • Gun policy positioning: The bill's framing around July 3-6 (Independence Day period) and its introduction during broader national gun policy debates creates perception it's politically symbolic rather than addressing documented economic needs

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

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