HB548 — Taxes, Income - As introduced, increases the share of Hall tax revenue distributed to local governments from three-eighths to five-eighths; decreases the percentage of Hall tax revenue distributed to the general fund from five-eighths to three-eighths. - Amends TCA Title 67, Chapter 2.

HB548 — Taxes, Income - As introduced, increases the share of Hall tax revenue distributed to local governments from three-eighths to five-eighths; decreases the percentage of Hall tax revenue distributed to the general fund from five-eighths to three-eighths. - Amends TCA Title 67, Chapter 2. · Informed CitizenryThis bill amends Tennessee Code Annotated Title 67, Chapter 2, regarding the distribution of taxes collected on income from stocks and bonds taxed at a rate of five percent (5%) per annum. The bill…Open in Informed Citizenry