Amends TCA Title 4, Chapter 3; Title 4, Chapter 49; Section 9-16-101; Title 54, Chapter 4; Title 55, Chapter 4; Title 57, Chapter 5, Part 2; Title 57, Chapter 3, Part 3; Title 67, Chapter 3, Part 9; Title 67, Chapter 4, Part 9 and Title 67.
Tennessee HB0780 mandates that state funds and revenues be allocated to counties and municipalities based on their population proportions, as determined by the latest federal census and annual estimates from the Boyd Center for Business and Economic Research. It requires the Department of Economic and Community Development to certify these population figures annually and share them with relevant state departments for equitable distribution of state sales tax revenue. The bill is set to take effect on January 1, 2026.
Tennessee HB0780 mandates that state funds and revenues be allocated to counties and municipalities based on their population proportions, as determined by the latest federal census and annual estimates from the Boyd Center for Business and Economic Research. It requires the Department of Economic and Community Development to certify these population figures annually and share them with relevant state departments for equitable distribution of state sales tax revenue. The bill is set to take effect on January 1, 2026.
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Stevens, Robert
114th General Assembly
February 4, 2025
May 27, 2025
Pub. Ch. 501