Tenn. Code § 67-2-118

Current through Acts 2023-2024, ch. 1069

Section 67-2-118 - Disposition of proceeds from penalties

A sum not to exceed three-fifths (³/₅) of all penalties collected during the preceding fiscal year may be used for administrative purposes and for the collection of the tax or taxes imposed by this chapter, such sum to be in addition to that authorized by § 67-2-117.

T.C.A. § 67-2-118

Acts 1931 (2nd Ex. Sess.), ch. 20, § 8; C. Supp. 1950, § 1123.23; Acts 1963, ch. 271, § 3; T.C.A. (orig. ed.), § 67-2632.