Section 67-4-905 - Distribution of taxesOf the taxes, including all penalties and interest, received by the commissioner under this part, the distribution shall be as follows:
(1)(A) From July 1, 2016, to June 30, 2017, sixty percent (60%) shall be allocated to the general fund; and(B) Beginning July 1, 2017, and thereafter, sixty-eight percent (68%) shall be allocated to the general fund;(2) Twenty percent (20%) shall be allocated among the counties of the state in the proportion that the population of each bears to the aggregate population of the state according to the most recent federal census and other censuses authorized by law;(3) Ten percent (10%) must be allocated to the fantasy sports fund established by § 4-49-207; and(4)(A) From July 1, 2016, to June 30, 2017, ten percent (10%) shall be allocated to the department of revenue for administration of this part; and(B) Beginning July 1, 2017, and thereafter, two percent (2%) shall be allocated to the department of revenue for administration of this part.Amended by 2023 Tenn. Acts, ch. 143, s 9, eff. 7/1/2023.Added by 2016 Tenn. Acts, ch. 978, s 4, eff. 7/1/2016.