Tennessee families will save lots during the state’s three-month grocery tax suspension, which runs through October 31.
This year, Gov. Lee and the General Assembly passed the Tennessee Works Tax Act, which includes the three-month grocery tax suspension. During the tax holiday, Tennesseans are expected to save an estimated $273 million in taxes total.
“We’re inviting Tennesseans to take advantage of savings at the grocery store this August through October,” said Gov. Lee. “I thank the General Assembly for partnering to deliver three months of savings for Tennessee taxpayers.”
The three-month grocery tax holiday will give Tennesseans the opportunity to save up to 6.75% in state and local option sales tax on food and food ingredients.
Food and food ingredients are defined as liquid, concentrated, solid, frozen, dried, or dehydrated substances that are sold to be ingested or chewed by humans and are consumed for their taste or nutritional value. Food and food ingredients do not include alcoholic beverages, tobacco, candy, or dietary supplements.
