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SB 427 Signed

Taxes, Sales - As introduced, requires the department of economic and community development to revise and certify the population of each county and municipality, and the aggregate population of the state, prior to July 1 each year during the interim between the regular decennial federal census to ensure equitable allocation and distribution of the local share of state sales tax revenue; requires the Boyd Center for Business and Economic Research at the University of Tennessee, through the Tennessee state data center, to generate annual population estimates for each county and municipality and provide the estimates to the department of economic and community development for review and certification. - Amends TCA Title 4, Chapter 3, Part 7; Section 9-16-101 and Title 67, Chapter 6.

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Legislative Timeline

5 actions
  1. Apr 1, 2025 lower
    Assigned to General Subcommittee of Senate State & Local Gov't. Committee
  2. Mar 26, 2025 lower
    Placed on Senate State and Local Government Committee calendar for 4/1/2025
  3. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate State and Local Government Committee
  4. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  5. Jan 28, 2025 lower
    Filed for introduction
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