Tennessee SB 1586: Taxes, Sales - As enacted, revises provision governing allocation of sales and use tax revenue to certain commercial development districts in economically distressed counties by clarifying that a county bordering three such distressed counties for purposes of the allocation must have bordered at least three such counties in three fiscal years since fiscal year 2016-2017, if certain requirements met. - Amends TCA Title 67, Chapter 6.

Status: Pub. Ch. 561 (as of 2021-06-02)

State: Tennessee · Session: 112 · Bill: SB 1586

Subjects: Sales, Taxes

Sponsors: Bailey, Keisling

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