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Tennessee SB1708

Taxes, Sales - As enacted, allocates sales and use tax revenues for a commercial development district to an eligible county or a municipality within the eligible county, or an industrial development corporation established by such eligible county or municipality, that submits a completed application to the commissioner of finance and administration together with an application fee in an amount established by the department; establishes requirements for such allocation. - Amends TCA Title 67, Chapter 6.