SB 633 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 1, 2025 Fiscal Analyst: Natalie Dusek | Email: natalie.dusek@capitol.tn.gov | Phone: 615-741-2564 SB 633 SUMMARY OF BILL: Requires a gun dealer to ensure that 14 days have passed since the transaction was initiated by the purchaser before transferring a firearm to a purchaser if the purchaser is older than 17 years of age and younger than 21 years of age. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • It is assumed that all licensed firearm dealers will comply with the requirement of this legislation. Any impacts to the dealers for such compliance will be borne by those dealers. • The legislation is not estimated to significantly impact firearm sales in this state. Any fiscal impact related to state or local sales taxes is estimated to be not significant. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director