Tennessee SB 2649: Public Funds and Financing - As introduced, establishes the Tennessee taxpayer relief and recession reserve; clarifies that deposits into the reserve for revenue fluctuation and the relief and recession reserve do not count toward the Copeland Cap; provides an automatic, temporary sales tax reduction when there are sufficient over collections to offset the loss of revenue. - Amends TCA Title 9 and Title 67.

Status: Deferred to Summer Study (as of 2018-04-10)

State: Tennessee · Session: 110 · Bill: SB 2649

Subjects: Public Funds and Financing

Sponsors: Carter, Watson

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