Taxes - As enacted, increases, by 15 cents over a 10-year period, and subject to a two-thirds vote of the county legislative body, the maximum mineral severance tax rate that may be levied by a county on all sand, gravel, sandstone, chert, and limestone severed from the ground within its jurisdiction; removes the authorization for Smith County to allocate its mineral severance tax to the county general fund or a fund other than its county road fund. - Amends TCA Title 67, Chapter 7, Part 2.
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Apr 28Comp. became Pub. Ch. 285Latest
Apr 10Companion House Bill substitutedMajor
Apr 8Placed on Senate Regular Calendar for 4/10/2025
Apr 1Recommended for passage, refer to Senate Calendar Committee
Vote recorded SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 4/1/2025 Passed. Result: pass.Upper
Mar 25Placed on Senate Finance, Ways, and Means Committee calendar for 4/1/2025
Mar 4Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 9, Nays 0 PNV 0
Vote recorded SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 9, Nays 0 PNV 0 3/4/2025 Passed. Result: pass.Upper
Feb 25Placed on Senate State and Local Government Committee calendar for 3/4/2025
Feb 12Passed on Second Consideration, refer to Senate State and Local Government CommitteeMinor
Feb 10Introduced, Passed on First ConsiderationMinor