Tennessee SB 2670: Taxes - As introduced, requires that 5 percent of state funds in the municipal street aid fund be distributed equally to each municipality instead of all such funds being distributed based on population; reduces state sales tax revenue allocated to general fund; increases state-shared sales tax revenue allocated to municipalities. - Amends TCA Section 54-4-203 and Section 67-6-103.

Status: Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee (as of 2018-04-23)

State: Tennessee · Session: 110 · Bill: SB 2670

Subjects: Taxes

Sponsors: Bailey, Doss

View Tennessee SB 2670 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.