Event Brief
Jun 12, 2026 at 8:00 AM ET
Lawsuit challenges TN tax on overseas transfers
By The BriefBrief
A lawsuit contests Tennessee’s new tax on certain overseas money transfers signed by Gov. Bill Lee last month.
WHO: Lawsuit plaintiffs challenging Tennessee’s new law; Gov. Bill Lee and the state of Tennessee
WHAT: Legal challenge to the constitutionality of HB2502, a tax on some financial transactions sent from Tennessee to outside the U.S.
WHEN: Jun 12, 2026 at 7:28 AM ET
WHERE: Tennessee
WHY: The lawsuit was filed to challenge the constitutionality of HB2502, which taxes certain overseas money transfers.
Reporting from 1 identified publisher for this event.
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