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HB 2363

Taxes, Privilege - As introduced, reduces professional privilege tax from $400 to $200 per year for attorneys in tax years that begin on and after June 1, 2027. - Amends TCA Title 67, Chapter 4, Part 17.

114th Regular Session (2025-2026) Introduced by David Hawk

HB 2363 cuts Tennessee's annual attorney professional privilege tax in half from $400 to $200, effective June 1, 2027, reducing state revenue and professional licensing costs.

Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
#privilege #taxes
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Bill Summary · HB 2363

Legislative bill overview

HB 2363 reduces Tennessee's annual professional privilege tax for attorneys from $400 to $200, effective for tax years beginning on or after June 1, 2027. The bill amends the state's tax code governing professional licensing fees.

Why is this important

This change directly affects attorneys' operating costs in Tennessee and reduces state revenue from this licensing fee by 50%. The modification reflects policy decisions about professional tax burden and state funding priorities, potentially influencing whether attorneys remain or relocate to Tennessee.

Potential points of contention

  • Revenue impact: The state loses approximately $200 per attorney annually; the fiscal impact depends on how many attorneys pay this tax
  • Equity concerns: Other professions may have different privilege tax rates, raising questions about whether attorneys receive preferential treatment compared to other licensed professionals
  • Implementation timing: The June 1, 2027 effective date creates a staggered transition that may cause administrative complexity and confusion about which tax year applies to different filers

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

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