Annual adjustments to the sales and use tax revenues collected in the district shall be made by the department of revenue within ninety (90) days of the end of each fiscal year and shall be effective immediately upon notification of such adjustment from the department of revenue to the municipality or industrial development corporation.
Tenn. Code Ann. § 7-40-105
Annual adjustments
Known as the Border Region Retail Tourism Development District Act
The act spans §§ 7–7 (13 sections).
Acts 2011, ch. 420, § 6.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.