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TN SB0703
TN SB0703AN ACT to amend Tennessee Code Annotated, Title 4; Title 9; Title 54 and Title 55, relative to transportation infrastructure funding.
summary
Introduced
02/03/2025
02/03/2025
In Committee
Crossed Over
03/17/2025
03/17/2025
Passed
04/25/2025
04/25/2025
Dead
Signed/Enacted/Adopted
05/15/2025
05/15/2025
Introduced Session
114th General Assembly
Bill Summary
As enacted, requires TACIR to study sustainable funding sources that meet this state's future transportation infrastructure needs and submit its recommendations. - Amends TCA Title 4; Title 9; Title 54 and Title 55.
AI Summary
This bill requires the Tennessee Advisory Commission on Intergovernmental Relations (TACIR), a state research agency, to conduct a comprehensive study on sustainable transportation infrastructure funding by September 30, 2026. The study must identify critical long-term highway and bridge infrastructure needs, calculate the annual funding gap for maintenance and modernization, and review potential revenue sources such as road usage fees, rental car fees, transportation network company fees, retail delivery fees, commercial vehicle road usage charges, highway impact fees for heavy trucks, and dedicated state funds from vehicle and tire sales taxes. TACIR must estimate potential revenue from these sources, gather information about stakeholders who would be affected, and survey funding strategies used successfully by at least three other states. All state departments are required to assist TACIR in this study, which is intended to be conducted using existing resources. The commission will report its findings and recommendations, including potential legislation, to the chairs of the transportation committees in the Tennessee House and Senate, as well as the legislative librarian. The bill takes effect immediately upon becoming law.
Committee Categories
Transportation and Infrastructure
Sponsors (4)
Last Action
Effective date(s) 05/09/2025 (on 05/15/2025)
bill text
bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0703&ga=114 |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0438.pdf |
| Amendment 1-0 to SB0703 | https://www.capitol.tn.gov/Bills/114/Amend/SA0098.pdf |
| Fiscal Memo for SA0098 (4143) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM0352.pdf |
| Fiscal Note - SB0703 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB0703.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0703.pdf |
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