Tennessee House Bill HB1052

Tennessee 2023-2024 Regular Session

• Introduced: 1/31/23

Caption

AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxes.

Impact

If enacted, HB1052 would enhance the efficiency of tax reporting in Tennessee by allowing electronic format submissions. This is anticipated to reduce paperwork, making the process more user-friendly for both taxpayers and state officials. The amendment aims to update the existing legal framework to adapt to growing technological advancements, thus improving the functionality of tax administration in the state.

Summary

House Bill 1052 proposes an amendment to Tennessee Code Annotated, Title 67, focusing specifically on changes related to tax reporting. The bill seeks to permit the electronic submission of certain annual reports to the state board of equalization. This change signals a shift towards modernizing the tax reporting process, potentially streamlining efforts for those required to file these reports.

Contention

While the bill seems straightforward in its intentions, there could be concerns regarding the implications of shifting to electronic submissions, particularly regarding data security and access for all taxpayers. Some lawmakers may argue about the need for ensuring equal access to technology, fearing that this shift could disadvantage individuals without reliable internet access or the necessary technological skills. Thus, there might be discussions on ensuring that traditional paper submission options remain available for those who require them.