Tennessee Statutes
§ 43-20-211 — Referendum on assessment remaining in effect
Tennessee·Title 43
If the commissioner determines that during the first two (2) years the assessment is in effect that over fifty percent (50%) of the proceeds generated by the assessment is being refunded, then the commissioner shall conduct a referendum, within one hundred twenty (120) days of the end of the two-year period, on whether the assessment shall remain in effect.
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Legislative History
Acts 1985, ch. 108, § 11.
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