Tennessee SB 1162: Taxes, Privilege - As introduced, reduces from 20 percent to 15 percent the threshold decennial county growth rate required before a county is authorized to levy a privilege tax on persons and entities engaged in residential development of property to provide the county with an additional source of funding to defray the cost of providing school facilities. - Amends TCA Title 67, Chapter 4, Part 29.

Status: Assigned to General Subcommittee of Senate State and Local Government Committee (as of 2019-04-16)

State: Tennessee · Session: 111 · Bill: SB 1162

Subjects: Taxes, Privilege

Sponsors: Hensley, Ramsey

View Tennessee SB 1162 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.