Amends Chapter 213 of the Private Acts of 1982.
Tennessee HB2655 amends Chapter 213 of the Private Acts of 1982 to align the county's mineral severance tax with the tax amounts established under state law, contingent upon local approval. This bill affects the local government and mineral extraction businesses within the county by standardizing tax rates. Key provisions include the requirement for local approval before the alignment can take effect.
Tennessee HB2655 amends Chapter 213 of the Private Acts of 1982 to align the county's mineral severance tax with the tax amounts established under state law, contingent upon local approval. This bill affects the local government and mineral extraction businesses within the county by standardizing tax rates. Key provisions include the requirement for local approval before the alignment can take effect.
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