Amends TCA Title 6 and Title 67, Chapter 6.
Tennessee SB0145 amends existing law to remove the June 30, 2028, termination date for state sales tax revenue allocations to municipalities with courthouse square revitalization projects. This change allows six municipalities currently receiving these allocations to continue receiving funds derived from sales or use of goods, products, and services within their revitalization zones. The allocated funds must still be used exclusively for the maintenance and improvement of the courthouse square's viability.
Tennessee SB0145 amends existing law to remove the June 30, 2028, termination date for state sales tax revenue allocations to municipalities with courthouse square revitalization projects. This change allows six municipalities currently receiving these allocations to continue receiving funds derived from sales or use of goods, products, and services within their revitalization zones. The allocated funds must still be used exclusively for the maintenance and improvement of the courthouse square's viability.
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