SB1268 — Taxes, Sales - As introduced, increases portion of state-shared sales tax revenue for cities and counties by .5 percent; divides the portion equally between cities and counties; decreases by .5 percent the portion of revenue distributed to the general fund. - Amends TCA Title 67, Chapter 6.

SB1268 — Taxes, Sales - As introduced, increases portion of state-shared sales tax revenue for cities and counties by .5 percent; divides the portion equally between cities and counties; decreases by .5 percent the portion of revenue distributed to the general fund. - Amends TCA Title 67, Chapter 6. · Informed CitizenrySB1268 amends Tennessee Code Annotated Title 67, Chapter 6 to change how state-shared sales tax revenue is distributed. The bill increases the portion of revenue apportioned to incorporated municip…Open in Informed Citizenry