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Bill text Amendment SA0035

HB 695 — 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.

HB 695 (Amendment SA0035)

Amendment SA0035 text of HB 695.

Senate State and Local Government 1

Amendment No. 1 to SB0889

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