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Bill Title: As introduced, removes the ability for municipalities to choose a process for distributing payments of tax equivalent amounts to taxing jurisdictions different than what is provided in law; authorizes a county legislative body to pass a resolution requiring municipal electric systems to direct payment of tax equivalent amounts to the taxing jurisdictions as provided by law. - Amends TCA Title 7, Chapter 52.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-03-21 - Assigned to General Subcommittee of Senate State & Local Government Committee [SB1970 Detail]

Download: Tennessee-2017-SB1970-Draft.pdf

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