Amends TCA Title 9; Title 54; Title 55 and Title 67.

This bill: (1) Creates a business tax deduction for private developers that use only permeable concrete in industrial and commercial areas for parking lots. The deduction will be 3 percent on the amount of business taxes paid by the developer during each business tax period; (2) States the legislative intent that the general assembly appropriate necessary state funds to the department of transportation for the development and construction of new public roads and highways utilizing permeable concrete only. This bill requires the department to prioritize the development and construction of public roads and highways with proximity to waterways or in low-lying areas and public roads and highways that are otherwise at risk of flooding; and (3) Requires the department of transportation and local governments to limit the use of porous pavement types for those public roads and highways located in residential or low-traffic areas.