Comments: TN SB1162 | 2019-2020 | 111th General Assembly

Bill 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-04-16 - Assigned to General Subcommittee of Senate State and Local Government Committee [SB1162 Detail]

Text: Latest bill text (Draft #1) [PDF]

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