House Bill 812, sponsored by Bricken, amends various sections of the Tennessee Code Annotated to enhance support for veterans. Specifically, it modifies Section 4-49-104(e) by deleting the previous subdivision (3) and replacing it with a new provision that mandates the allocation of four percent (4%) of the privilege tax collected to the department of mental health and substance abuse services. Additionally, the bill introduces a new subdivision (4) that requires one percent (1%) of the privilege tax to be allocated to the department of veterans services, specifically to support services for veterans in the state.
The bill is set to take effect on July 1, 2025, emphasizing the state's commitment to improving mental health services and support for veterans. By reallocating funds from the privilege tax, the legislation aims to enhance the resources available for both mental health and veterans' services, thereby addressing the needs of these important populations in Tennessee.
Statutes affected: Introduced: 4-49-104(e), 4-49-104