§ 67-9-102. Proration of Payments to Counties and Municipalities — Eligibility of Impacted Areas — Phasing Out of Payments
Payments provided in § 67-9-101(a)(2) shall be made in accordance with the following formula: Thirty percent (30%) of the available amount shall be paid to counties in accordance with the percentage that the population of each county bears to the total state population; Thirty percent (30%) of the available amount shall be paid to counties […]
§ 67-9-103. Distribution of Payments
Upon receipt of any payments in lieu of taxes by the Tennessee Valley authority, the commissioner of revenue shall be notified. The commissioner of revenue shall determine, in accordance with this part, the payments to local governments and shall direct the commissioner of finance and administration to make such payments.
§ 67-9-201. Leased Commercial Real Property
Notwithstanding any other provision of the law to the contrary, a hospital authority, created by a county or municipality pursuant to private act or local resolution, that owns real property leased for commercial purposes, separate and distinct from the real property owned by such hospital authority upon which hospitals or health care facilities are located, […]
§ 67-10-101. Short Title
This chapter shall be known and may be cited as the “Health Savings Account Act.”
§ 67-10-102. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Deductible” means the total deductible for an eligible individual and all the dependents of that eligible individual for a calendar year; “Dependent” means the spouse or child of the eligible individual as defined in § 152 of the Internal Revenue Code (26 U.S.C. § 152), […]
§ 67-8-605. Administrative and Enforcement Procedures
To the extent not inconsistent with §§ 67-8-603 and 67-8-604, the administrative and enforcement provisions of the inheritance tax law, as stated in parts 3-5 of this chapter, shall be applicable to this part in the event the original transferor is not alive at the time of the transfer. Notwithstanding § 67-8-118, if the original […]
§ 67-8-701. Short Title — Purpose
This part shall be known and may be cited as the “Payment of Transfer Taxes in Kind Act.” It is the intent of this part, in appropriate circumstances, to allow the payment of transfer taxes under this chapter by the transfer to the state of unique objects of significant historical or artistic interest, unique sites […]
§ 67-8-702. Part Definitions
As used in this part, unless the context otherwise requires: “Department” means the department of revenue; “Donor” means any person responsible for the payment of transfer taxes to the state, including, but not limited to, a personal representative, executor, administrator, individual taxpayer, joint tenant, heir, legatee, devisee, grantee, transferee, trustee, tenant in common, conservator, guardian, […]
§ 67-8-703. In-Kind Payment of Transfer Taxes — Appraisal
Any donor may make application to transfer qualified property to a receiving entity as an in-kind payment of transfer taxes. The donor shall first obtain a written appraisal of the qualified property. The donor shall then notify the receiving entity in writing of the desire to offer the qualified property to the receiving entity. The […]
§ 67-8-704. In-Kind Payment — Credit — Deferral — Limitation
Upon assumption of title by a receiving entity to property accepted as an in-kind payment, the department shall credit to the donor against the amount of taxes owed the valuation of the qualified property approved in the donor’s application. In no case shall any credit allowed by this part be greater than the amount of […]