Tennessee · 114th Regular Session (2025-2026) · Bill

HB 1517: Taxes, Severance - As enacted, extends from 30 to 90 days, the time following the end of a county's fiscal year within which a county must submit an annual report to the commissioner of transportation and the chairs of the house and senate transportation committees regarding mineral severance tax revenue the county deposits into its county road fund; removes the comptroller of the treasury as a recipient of the report; subjects the report to audit by the comptroller. - Amends TCA Section 67-7-207.

In committee Last action May 4, 2026: Comp. became Pub. Ch. 825

Plain-language summary

HB 1517 is a bill introduced in the Tennessee House on January 12, 2026. According to its official title, it concerns: Taxes, Severance - As enacted, extends from 30 to 90 days, the time following the end of a county's fiscal year within which a county must submit an annual report to the commissioner of transportation and the chairs of the house and senate transportation committees regarding mineral severance tax revenue the county deposits into its county road fund; removes the comptroller of the treasury as a recipient of the report; subjects the report to audit by the comptroller. - Amends TCA Section 67-7-207. Primary sponsor: Michael Lankford (Republican). Most recent recorded action (May 4, 2026): Comp. became Pub. Ch. 825.

Sponsors

Primary sponsor: Michael Lankford (Republican).