· TN legislature · 114

Taxes, Sales - As introduced, authorizes certain counties to levy a local option sales tax at the rate of 3.75 percent, instead of a maximum of 2.75 percent, if the revenue from the increase in such tax is used by the county exclusively for the construction of a new county jail or to retire debt, including principal and interest and related expenses, on such construction. - Amends TCA Title 67, Chapter 6, Part 7.

Sponsor

Raumesh Akbari (D-TN)

Introduced

2025-01-27

Latest action

Recommended for passage, refer to Senate Finance, Ways, and Means Committee