HB1903 — Taxes - As introduced, requires that 5 percent of state funds in the municipal street aid fund be distributed equally to each municipality instead of all such funds being distributed based on population; reduces state sales tax revenue allocated to general fund; increases state-shared sales tax revenue allocated to municipalities. - Amends TCA Section 54-4-203 and Section 67-6-103.

HB1903 — Taxes - As introduced, requires that 5 percent of state funds in the municipal street aid fund be distributed equally to each municipality instead of all such funds being distributed based on population; reduces state sales tax revenue allocated to general fund; increases state-shared sales tax revenue allocated to municipalities. - Amends TCA Section 54-4-203 and Section 67-6-103. · Informed CitizenryHB1903 amends Tennessee Code Annotated (TCA) Sections 54-4-203 and 67-6-103 regarding revenue distribution. Under the amended TCA Section 54-4-203(a), funds in the municipal street aid fund will be…Open in Informed Citizenry