Bill Title: As introduced, increases the amount to which the local option sales tax may be applied from $1,600 to $3,200 and establishes an annual adjustment based on the percentage increase of the consumer price index to be rounded up to the nearest multiple of $100. - Amends TCA Section 67-6-702 and Section 67-6-202.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-06-02 - Taken Off Notice For Cal. in s/c Budget of FW&M of Finance, Ways & Means Committee [HB1582 Detail]

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

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