Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Local Tax Policy topic
No spam. Unsubscribe anytime.
Henry County approves local adoption of Private Chapter No. 47 to allow mineral severance tax for county roads
Summary
By a two-thirds local vote, the commission ratified Private Chapter No.47 (HB2639), enabling Henry County to impose a mineral severance tax with proceeds dedicated to county road construction and maintenance.
The Henry County Commission voted May 26 to ratify Private Chapter No.47 (House Bill 2639 of the 114th General Assembly), which authorizes Henry County to levy a mineral severance tax on certain minerals severed within the county and directs proceeds to the county road fund.
The private act defines "mineral" to include clay and titanium and sets the county’s tax rate equal to the maximum per‑ton rate authorized by Tennessee Code Annotated §67‑7‑203. The chapter specifies that the Tennessee Department of Revenue will administer and collect the tax and requires remittance of net revenues quarterly to the county trustee for use on the county road system.
The local vote required a two‑thirds majority under the private‑act process; commissioners approved the ratification by a vote recorded as 13 in favor and 2 opposed. The resolution directs the county clerk to certify the ratification to the Tennessee Secretary of State.
Why it matters If implemented, the tax would create a local revenue stream dedicated to road construction and maintenance. The actual revenue generated will depend on mineral production in the county and state-level administration rules under TCRS and Department of Revenue procedures described in the act.
What’s next The county clerk will certify the local approval to the state Secretary of State. The county will coordinate with the Tennessee Department of Revenue on administration if and when levy and collection are implemented.
