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TN SB0549

TN SB0549
AN ACT to amend Tennessee Code Annotated, Title 4; Title 9; Title 54; Title 55 and Title 67, relative to transportation funding.


summary

Introduced
01/30/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, requires TACIR to study transportation user fee alternatives and submit its recommendations to the chair of the committee in the house of representatives with jurisdiction over transportation issues, the chair of the transportation and safety committee of the senate, and the legislative librarian on or before January 1, 2026. - Amends TCA Title 4; Title 9; Title 54; Title 55 and Title 67.

AI Summary

This bill directs the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to conduct a comprehensive study on alternative transportation funding mechanisms, specifically in response to declining fuel tax revenues caused by the increasing prevalence of electric and hybrid vehicles. The study will require TACIR to explore and recommend new transportation user fee options, analyze the benefits and challenges of these alternatives, and research how at least three other states have successfully implemented similar fee programs over the past decade. TACIR is mandated to complete the study using existing resources and submit a detailed report, including potential legislative recommendations, to key legislative leadership by January 1, 2026. All state departments and agencies are required to assist TACIR in this research effort. The underlying goal is to develop sustainable funding strategies for transportation infrastructure as vehicle technologies evolve and traditional fuel-based revenue sources become less reliable. The bill will take effect immediately upon becoming law, reflecting the state legislature's urgency in addressing this emerging transportation funding challenge.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Passed on Second Consideration, refer to Senate Transportation and Safety Committee (on 02/12/2025)

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