Gov. Bill Haslam signed SB 0700/HB 0745 which gives CCW permit holder option of having a lifetime permit for $500. Currently, renewal fee is $50 for every five years, with $115 for the first 5 years. Quick calculation says that it takes about 40 years to make the lifetime permit to become less costly.
This law goes in to effect on July 1st.
From: Guns.com
