TN SB1162 | 2019-2020 | 111th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 6 2019 - 25% progression, died in committee
Action: 2019-04-16 - Assigned to General Subcommittee of Senate State and Local Government Committee
Pending: Senate State and Local Government Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, reduces from 20 percent to 15 percent the threshold decennial county growth rate required before a county is authorized to levy a privilege tax on persons and entities engaged in residential development of property to provide the county with an additional source of funding to defray the cost of providing school facilities. - Amends TCA Title 67, Chapter 4, Part 29.

Tracking Information

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Title

As introduced, reduces from 20 percent to 15 percent the threshold decennial county growth rate required before a county is authorized to levy a privilege tax on persons and entities engaged in residential development of property to provide the county with an additional source of funding to defray the cost of providing school facilities. - Amends TCA Title 67, Chapter 4, Part 29.

Sponsors


History

DateChamberAction
2019-04-16SenateAssigned to General Subcommittee of Senate State and Local Government Committee
2019-04-10SenatePlaced on Senate State and Local Government Committee calendar for 4/16/2019
2019-02-11SenatePassed on Second Consideration, refer to Senate State and Local Government Committee
2019-02-07SenateIntroduced, Passed on First Consideration
2019-02-06SenateFiled for introduction

Same As/Similar To

HB1488 (Crossfiled) 2019-02-13 - Assigned to s/c Finance, Ways, and Means Subcommittee

Subjects


Tennessee State Sources


Bill Comments

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