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TN SB1167

TN SB1167
AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxation.


summary

Introduced
02/06/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, changes from March 31 to March 1, the date by which the department of transportation must transmit to the governor and speakers of both houses its annual report listing the litter prevention programs receiving funds from the 0.4 percent increase in the gross receipts tax on bottled soft drinks, the amount of funds received by the programs, and the purpose for which the funds were spent. - Amends TCA Title 67.

AI Summary

This bill modifies Tennessee Code Annotated, Section 67-4-402(b)(2) by changing the annual reporting deadline for the Tennessee Department of Transportation from March 31 to March 1. Specifically, the bill requires the department to submit its report to the governor and speakers of both legislative houses earlier in the year, one month sooner than the current requirement. The report details litter prevention programs funded by a 0.4 percent increase in gross receipts tax on bottled soft drinks, including the amount of funds received by these programs and the purpose of their expenditures. The bill will take effect immediately upon becoming law, as determined by the legislature to be in the public's interest.

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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