Bill Title: As introduced, reduces from 1.125 percent to 0.5 percent the percentage the department of revenue keeps from the proceeds from the local option sales tax to defray the state's expenses in administering, collecting, and remitting local sales taxes. - Amends TCA Title 67, Chapter 6.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-04-30 - Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee [SB1126 Detail]

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

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