HB1007 — Taxes, Sales - As introduced, reduces, from 29.0141 percent to 28.5262 percent, the share of state sales and use tax revenue deposited to the state general fund; increases, from 4.6030 percent to 5.0909 percent, the share appropriated to municipalities. - Amends TCA Section 67-6-103.

HB1007 — Taxes, Sales - As introduced, reduces, from 29.0141 percent to 28.5262 percent, the share of state sales and use tax revenue deposited to the state general fund; increases, from 4.6030 percent to 5.0909 percent, the share appropriated to municipalities. - Amends TCA Section 67-6-103. · Informed CitizenryHB1007 amends Tennessee Code Annotated Section 67-6-103 to change the distribution of state sales and use tax revenue. The bill reduces the share of revenue deposited into the state general fund fr…Open in Informed Citizenry