House Bill 812, also known as Senate Bill 1200, amends various sections of the Tennessee Code Annotated to enhance support for veterans. Specifically, it modifies Section 4-49-104(e) by deleting 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 allocates one percent (1%) of the privilege tax 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 redistributing a portion of the privilege tax, the legislation aims to ensure that veterans receive the necessary resources and assistance they need.
Statutes affected: Introduced: 4-49-104(e), 4-49-104