Tennessee SB 2955: Taxes, Sales - As introduced, allocates sales tax proceeds collected on firearms, ammunition, and firearm accessories to a mental health care in Tennessee schools' account for local education agencies to obtain school counselors, school therapists, and after school programs that promote being involved in positive extracurricular activities. - Amends TCA Title 4; Title 49 and Title 67.

Bill Text

HOUSE BILL 1590
By Pearson

SENATE BILL 2955
By Akbari

SB2955
007801
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 4;
Title 49 and Title 67, relative to sales tax proceeds
collected on firearms.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Title 67, Chapter 6, Part 1, is amended by
adding the following as a new section:
(a) One hundred percent (100%) of the sales tax proceeds collected on firearms,
ammunition, and firearm accessories must be deposited by the commissioner into the
mental health care in Tennessee schools' account, created in subsection (b).
(b) There is created within the state treasury a "mental health care in Tennessee
schools' account." Amounts remaining in the account at the end of each fiscal year shall
not revert to the general fund, but must remain in the account.
(c) The state treasurer shall allocate grants from the mental health care in
Tennessee schools' account to local education agencies, as defined in § 49-1-103, to
obtain school counselors, school therapists, and after school programs that promote
involvement in positive extracurricular activities.
(d) A local education agency must submit an application, by May 1 of each year,
to the state treasurer to receive a grant pursuant to subsection (c).
(e) If the number of applications received pursuant to subsection (d) exceed the
amount in the account, then the state treasurer shall create and implement guidelines on
grant preferences.
SECTION 2. This act takes effect July 1, 2023, the public welfare requiring it.