Taxes - As introduced, repeals the professional privilege tax for tax years that begin on and after June 1, 2026. - Amends TCA Title 67, Chapter 4, Part 17.

HB 189 repeals a $400 annual professional privilege tax for licensed professionals (such as lawyers, accountants, and engineers) in Tennessee. It eliminates this tax for all tax years beginning after June 1, 2026, meaning professionals will pay $0 for future tax years. The bill modifies Tennessee tax code to set the tax to $0 for tax years ending after May 31, 2026, while requiring payment for the current 2025-2026 tax year. This is a straightforward tax repeal with no new fees or programs.