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Bill > SB0144
TN SB0144
TN SB0144AN ACT to amend Tennessee Code Annotated, Title 4; Title 54; Title 55; Title 65 and Title 67, relative to transportation.
summary
Introduced
01/14/2025
01/14/2025
In Committee
Crossed Over
Passed
05/27/2025
05/27/2025
Dead
Signed/Enacted/Adopted
05/27/2025
05/27/2025
Introduced Session
114th General Assembly
Bill Summary
As enacted, generally requires that all monies received under the sales and use tax from the sale, use, consumption, or distribution of new or used tires on or after July 1, 2025, must be earmarked and allocated to the highway fund. - Amends TCA Title 4; Title 54; Title 55; Title 65 and Title 67.
AI Summary
This bill amends Tennessee's tax code to redirect revenue from tire sales to the state highway fund, specifically allocating all monies received from the sale, use, consumption, or distribution of new or used tires to the highway fund starting July 1, 2025. During the 2025-2026 fiscal year, the allocation is capped at $80 million, with any amount exceeding that cap being distributed according to existing allocation methods. The bill importantly preserves existing allocations for educational purposes from previous sales tax increases, ensuring that those specific revenue streams remain unchanged. By earmarking tire sale revenues for the highway fund, the legislation aims to provide additional funding for transportation infrastructure, though the bill does not specify exactly how these funds will be used beyond their destination in the highway fund. The bill will take effect immediately upon becoming law, with the stated purpose of serving the public welfare.
Committee Categories
Budget and Finance, Transportation and Infrastructure
Sponsors (12)
Page Walley (R)*,
Paul Bailey (R),
Janice Bowling (R),
Rusty Crowe (R),
Tom Hatcher (R),
Ed Jackson (R),
Becky Massey (R),
Mark Pody (R),
Shane Reeves (R),
Paul Rose (R),
John Stevens (R),
Ken Yager (R),
Last Action
Comp. became Pub. Ch. 508 (on 05/27/2025)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0144&ga=114 |
| Fiscal Memo for SA0054 (3980) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM0614.pdf |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0508.pdf |
| Amendment 2-0 to SB0144 | https://www.capitol.tn.gov/Bills/114/Amend/SA0447.pdf |
| Fiscal Memo for SA0447 (6997) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM1252.pdf |
| Amendment 1-0 to SB0144 | https://www.capitol.tn.gov/Bills/114/Amend/SA0054.pdf |
| Fiscal Memo for SA0054 (3980) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM0146.pdf |
| Fiscal Note - SB0144 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB0144.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0144.pdf |
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