Bill

Bill > SB2319


TN SB2319

TN SB2319
AN ACT to amend Tennessee Code Annotated, Title 5; Title 59 and Title 67, Chapter 7, relative to severance taxes.


summary

Introduced
01/30/2024
In Committee
Crossed Over
Passed
Dead
04/25/2024

Introduced Session

113th General Assembly

Bill Summary

As introduced, increases, from .15 to .45 per ton, the maximum severance tax a county legislative body may impose. - Amends TCA Title 5; Title 59 and Title 67, Chapter 7.

AI Summary

This bill increases the maximum severance tax a county legislative body may impose on sand, gravel, sandstone, chert, or limestone severed from the ground in the county, from $0.15 to $0.45 per ton. The bill amends Titles 5, 59, and 67, Chapter 7 of the Tennessee Code Annotated. The bill takes effect on July 1, 2024.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Assigned to General Subcommittee of Senate Energy, Ag., & Natural Resources Committee (on 03/05/2024)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Mining and Extractive Industry Regulation
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...