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TN SB3666
Bill
AI Summary
Legislative Description
As introduced, directs the commissioner of revenue to reduce the state sales tax rate on food if there is a surplus of state revenue collected above budgeted estimates in a fiscal year; reserves one-half of such surplus for additional Tennessee student assistance awards. - Amends TCA Title 67, Chapter 6.
Taxes, Sales
Last Action
Failed in S. F,W&M Comm.
4/18/2012
Committee Referrals
Subcommittee on Tax2/7/2012
Finance, Ways and Means2/1/2012
Full Bill Text
No bill text available