Tennessee SB 515: Taxes, Sales - As introduced, allocates to cities 25 percent, to rural counties 25 percent, and to urban counties 25 percent, of the state sales tax revenue derived from the 1 percent increase in the state sales tax rate implemented in 2002; prohibits a city or county with other post-employment benefits liability from receiving the special allocation if the city or county is not current on its payments. - Amends TCA Title 67.

Status: Assigned to General Subcommittee of Senate State and Local Government Committee (as of 2017-03-21)

State: Tennessee · Session: 110 · Bill: SB 515

Subjects: Taxes, Sales

Sponsors: Kelsey, Sexton J

View Tennessee SB 515 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.