Amends TCA Title 4, Chapter 3, Part 7; Section 9-16-101 and Title 67, Chapter 6.
Tennessee SB0427 mandates the Department of Economic and Community Development to annually review and certify the population of each county and municipality, as well as the state's aggregate population, prior to July 1 during the interim between federal censuses. This bill affects local governments by ensuring equitable allocation and distribution of state funds based on updated population data. Key provisions include the requirement for the Boyd Center for Business and Economic Research to generate annual population estimates and for the revised populations to be used for the distribution of sales and use tax revenues.
Tennessee SB0427 mandates the Department of Economic and Community Development to annually review and certify the population of each county and municipality, as well as the state's aggregate population, prior to July 1 during the interim between federal censuses. This bill affects local governments by ensuring equitable allocation and distribution of state funds based on updated population data. Key provisions include the requirement for the Boyd Center for Business and Economic Research to generate annual population estimates and for the revised populations to be used for the distribution of sales and use tax revenues.
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Reeves, Shane
114th General Assembly
January 28, 2025
April 1, 2025
Assigned to General Subcommittee of Senate State & Local Gov''t. Committee