Tennessee HB 1872: Taxes, Sales - As introduced, increases, from 35 to 40 years, the maximum time period during which a certain portion of state sales taxes are allocated and distributed to a municipality or industrial development corporation that finances development of an extraordinary retail or tourism facility project in a certified border region retail tourism development district; extends, from 15 to 20 years, the end date of the investment period during which cost of an economic development project in a certified district may be incurred. - Amends TCA Title 7, Chapter 40.

Status: Placed on Senate Finance, Ways, and Means Committee calendar for 4/27/2022 (as of 2022-04-26)

State: Tennessee · Session: 112 · Bill: HB 1872

Subjects: Sales, Taxes

Sponsors: Hulsey, Lundberg

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