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Bill > HB2441
TN HB2441
TN HB2441AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 49 and Title 67, relative to revenues from sports gaming.
summary
Introduced
02/03/2026
02/03/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, allocates 2 percent of revenue from sports gaming in this state to programs that serve rural and urban at-risk youth. - Amends TCA Title 4, Chapter 49 and Title 67.
AI Summary
This bill, concerning revenues from sports gaming in Tennessee, proposes to amend existing state law by reallocating a portion of the "privilege tax," which is a tax levied on the privilege of engaging in certain activities, in this case, sports wagering. Specifically, it reduces the percentage of this tax allocated to one area from eighty percent (80%) to seventy-eight percent (78%), and then dedicates two percent (2%) of the collected privilege tax to fund programs that serve at-risk youth in both rural and urban areas of the state. The Department of Economic and Community Development will be responsible for creating and managing a program to administer and distribute these funds, utilizing existing resources, with these changes taking effect on July 1, 2026.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Assigned to s/c Finance, Ways, and Means Subcommittee (on 02/05/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=HB2441&ga=114 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB2441.pdf |
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