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Taxes, Sales - As enacted, increases, from 30 to 35 years, the maximum time period during which a certain portion of state sales taxes are allocated and distributed to a municipality or industrial development corporation that finances development of an extraordinary retail or tourism facility project in a certified border region retail tourism development district. - Amends TCA Title 7, Chapter 40.

It became law on Jun 2, 2021.

TN SB 241 · Senate Bill · 112

Stage
Became law
Started in
Senate
Sponsors
2
Latest action
Jun 2, 2021

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 2, 2021

This bill passed and is now law.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Tennessee.

Work with this bill

Taxes, Sales - As enacted, increases, from 30 to 35 years, the maximum time period during which a certain portion of state sales taxes are allocated and distributed to a municipality or industrial development corporation that finances development of an extraordinary retail or tourism facility project in a certified border region retail tourism development district. - Amends TCA Title 7, Chapter 40. | 52