Amends TCA Title 4; Title 54; Title 55; Title 65 and Title 67.
Tennessee SB0144 directs the Department of Transportation to study and report on transportation infrastructure needs, costs, and funding sources for the years 2026, 2050, and 2075 by December 1, 2025. The bill affects revenue allocation from the sale of new and used motor vehicles and tires, mandating that all related sales tax revenues collected after July 1, 2025, be deposited into the highway fund, with specific exceptions for certain educational tax revenues. Additionally, it includes provisions for a 1% reduction from the general fund distribution to support the Department of Transportation's administrative expenses.
Tennessee SB0144 directs the Department of Transportation to study and report on transportation infrastructure needs, costs, and funding sources for the years 2026, 2050, and 2075 by December 1, 2025. The bill affects revenue allocation from the sale of new and used motor vehicles and tires, mandating that all related sales tax revenues collected after July 1, 2025, be deposited into the highway fund, with specific exceptions for certain educational tax revenues. Additionally, it includes provisions for a 1% reduction from the general fund distribution to support the Department of Transportation's administrative expenses.
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Walley, Page
114th General Assembly
January 14, 2025
May 27, 2025
Comp. became Pub. Ch. 508