Taxes, Exemption and Credits - As introduced, establishes a sales tax holiday for the retail sale of firearms and ammunition during the period of July 3-6, 2026. - Amends TCA Title 67, Chapter 6, Part 3.

SB 1776 creates a temporary sales tax exemption for the retail purchase of firearms and ammunition in Tennessee. It allows retailers to sell these items without charging the usual sales tax during the four-day period from July 3-6, 2026. The bill amends Tennessee’s tax code to exempt these specific products from sales tax only during that defined window. This policy directly affects consumers buying firearms or ammunition at retail stores during those dates. The exemption applies only to retail sales and does not change broader tax laws beyond the specified dates.