Amends TCA Title 4; Title 54; Title 55; Title 65 and Title 67.
Tennessee HB0969 directs the Department of Transportation to conduct a study on transportation infrastructure needs, costs, and funding sources for the years 2026, 2050, and 2075, with findings due by December 1, 2025. The bill affects revenue allocation from the sale of motor vehicles and tires, mandating that all related revenues collected after July 1, 2025, be deposited into the highway fund, while also adjusting the distribution of existing sales tax revenues. Key provisions include the consideration of existing revenue sources and the impact of the transportation equity trust fund on infrastructure needs.
Tennessee HB0969 directs the Department of Transportation to conduct a study on transportation infrastructure needs, costs, and funding sources for the years 2026, 2050, and 2075, with findings due by December 1, 2025. The bill affects revenue allocation from the sale of motor vehicles and tires, mandating that all related revenues collected after July 1, 2025, be deposited into the highway fund, while also adjusting the distribution of existing sales tax revenues. Key provisions include the consideration of existing revenue sources and the impact of the transportation equity trust fund on infrastructure needs.
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