Tennessee SB 1642: Highways, Roads and Bridges - As introduced, requires 95.3970 percent, instead of 100 percent, of sales and use tax revenue generated from the sale of new or used tires to be deposited in the highway fund; adds 95.3970 percent of sales and use tax revenue generated from the sale of new or used motor vehicles to be deposited in the highway fund; requires the remaining 4.6030 percent of such revenue to be allocated to the several incorporated municipalities; allocates single article sales tax collections on the retail sale of new or used motor vehicles to the highway fund. - Amends TCA Title 4; Title 54; Title 55; Title 65 and Title 67.

Status: Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026 (as of 2026-04-20)

State: Tennessee · Session: 114 · Bill: SB 1642

Subjects: Highways, Roads and Bridges

Sponsors: Walley

View Tennessee SB 1642 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.