Tennessee § 67-4-2910 Collection of tax

Tennessee Statutes

§ 67-4-2910 — Collection of tax

Tennessee § 67-4-2910

Title67

This text of Tennessee § 67-4-2910 (Collection of tax) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 67-4-2910 (2026).

Text

(a)Any tax levied pursuant to this part shall be collected in the following manner:

(1)At the time of application for a building permit for development, the municipal or county official issuing the permit shall compute the estimated tax liability for the county school facilities privilege tax, based upon the proposed square footage of the facility to be built and the current rate of the county's school facilities privilege tax. As a condition of receiving the permit, the applicant shall sign a form indicating that the applicant recognizes the liability for the tax. The official shall keep one (1) copy of the form for the official's records and shall provide a copy to the applicant. If the permit is issued by a municipal building official, the official shall also forward a copy of the for

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Any tax levied pursuant to this part shall be collected in the following manner: (1) At the time of application for a building permit for development, the municipal or county official issuing the permit shall compute the estimated tax liability for the county school facilities privilege tax, based upon the proposed square footage of the facility to be built and the current rate of the county's school facilities privilege tax. As a condition of receiving the permit, the applicant shall sign a form indicating that the applicant recognizes the liability for the tax. The official shall keep one (1) copy of the form for the official's records and shall provide a copy to the applicant. If the permit is issued by a municipal building official, the official shall also forward a copy of the form within thirty (30) days of the issuance of the building permit to the county official or employee who has been designated by the county legislative body to collect the tax. As an alternative, the county and any municipality within the county may provide by interlocal agreement for the municipal building official to be designated as a collector of the tax and provide for a commission to be paid to the municipality for such services; (2) [Deleted by 2024 amendment.] (3) [Deleted by 2024 amendment.] (4) Once it becomes due, the tax shall be paid to the official or officials designated by the county governing body to collect the tax. At the time of payment, the official shall review the tax liability to determine whether the square footage of the completed building or structure corresponds to the initial estimated square footage in the building permit. The tax shall be computed using the actual square footage of the completed building or structure, but the rate of the tax shall be based upon the rate applicable at the time the permit was issued; (5) The revenue from the tax shall be paid over to the county trustee within thirty (30) days for deposit, in accordance with § 67-4-2911 . (b) The tax must be paid upon completion of the building or structure, but prior to the issuance of the certificate of occupancy.

Legislative History

Amended by 2024 Tenn. Acts, ch. 990,s 8, eff. 5/21/2024. Amended by 2024 Tenn. Acts, ch. 990,s 7, eff. 5/21/2024. Amended by 2021 Tenn. Acts, ch. 273, s 1, eff. 4/30/2021. Acts 2006, ch. 953, § 1.