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TN HB0127
Bill
Status
1/13/2025
Primary Sponsor
William Lamberth
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AI Summary
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Expands local tax surcharge authority from "transit improvement" to "transportation improvement," allowing funds to be used for highways and bridges in addition to public transit projects
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Defines eligible local governments as any Tennessee county (including metropolitan/consolidated governments) or incorporated city/town
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Requires local governments to maintain road funding at or above their five-year average to remain eligible for surcharge proceeds, effective July 1, 2025
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Redirects surcharge revenues to the state highway fund for use in that jurisdiction if a local government reduces road appropriations below the five-year average
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Takes effect July 1, 2025
Legislative Description
AN ACT to amend Tennessee Code Annotated, Section 67-3-901 and Title 67, Chapter 4, Part 32, relative to local tax surcharges.
Highways, Roads and Bridges
Last Action
Rec. for pass by s/c ref. to Finance, Ways, and Means Committee
3/26/2025