TN SB0177 | 2025-2026 | 114th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 15 2025 - 25% progression
Action: 2025-01-27 - Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, reallocates the increase in the rate of sales and use tax from 6 percent to 7 percent pursuant to Chapter 856 of the Public Acts of 2002 by apportioning 4.6030 percent of such increase to municipalities. - Amends TCA Section 67-6-103.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Section 67-6-103, relative to distribution of revenues.

Sponsors


History

DateChamberAction
2025-01-27SenatePassed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
2025-01-16SenateIntroduced, Passed on First Consideration
2025-01-15SenateFiled for introduction

Subjects


Tennessee State Sources


Bill Comments

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