Tennessee · 114 session · senate
SB 2074Taxes, Real Property - As introduced, enacts the "Local Government Revenue Stability Act," which replaces property taxes with a statewide 4 percent surtax on the sale of goods and services to be collected in the same manner as the sales and use tax and disbursed to local governments. - Amends TCA Title 5; Title 6; Title 7; Title 49; Title 54 and Title 67.
- Status
- Passed chamber
- Latest action
- — Passed on Second Consideration, refer to Senate State and Local Government Committee
- Primary sponsor
- Watson
- Taxes, Real Property
Sponsors
- Watson · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.
- January 1, 2031In 1607 days1 section
Extracted from the latest version's text.