Bill Title: As enacted, alters the penalty imposed on a municipality for violating the Municipal Finance Officer Certification and Education Act from $50.00 per day to a sales tax revenue reduction in an amount not to exceed 15 percent of the total amount due to the municipality in a fiscal year. - Amends TCA Section 6-56-407.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2015-04-30 - Comp. became Pub. Ch. 208 [HB0188 Detail]

Text: Latest bill text (Draft #1) [PDF]

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