WHB/2/2
Sponsored by Quinn Hobbs, Parker Kersey of West High School
This legislation was filed in the Economic and Community Development category
Presented as part of the YIG Volunteer 2024 conference
| 1 | BE IT ENACTED BY THE TENNESSEE YMCA YOUTH IN GOVERNMENT |
| 2 | |
| 3 | Section 1: Terms in this act will be defined as follows: |
| 4 | SSBCI 2.0 - “State Small Business Credit Initiative” This is a state fund to help support small |
| 5 | businesses |
| 6 | |
| 7 | Section 2: Standardize the county tax sales rate to 2.5% |
| 8 | |
| 9 | Section 3: All retail prices will be required to have the sales included in the listed price |
| 10 | |
| 11 | Section 4: The State of Tennessee will continue the SSBCI through 2035 |
| 12 | |
| 13 | Section 5: All surplus from this act goes to the SSBCI |
| 14 | |
| 15 | Section 6: The implication of this Bill will be at no additional cost to the state |
| 16 | |
| 17 | Section 7: All laws or parts of laws in conflict with this are hereby repealed. |
| 18 | |
| 19 | Section 8: This act shall take effect Jan 1, 2025, the public welfare requiring it. |
| 20 |