Tennessee § 67-4-905 - Distribution of taxes.
Full text of Tennessee Tennessee Code Annotated § 67-4-905 — Distribution of taxes., with citation guidance and answers to common questions.
§ 67-4-905. Distribution of taxes.
Of the taxes, including all penalties and interest, received by the commissioner under this part, the distribution shall be as follows: From July 1, 2016, to June 30, 2017, sixty percent (60%) shall be allocated to the general fund; and Beginning July 1, 2017, and thereafter, sixty-eight percent (68%) shall be allocated to the general fund; Twenty percent (20%) shall be allocated among the counties of the state in the proportion that the population of each bears to the aggregate population of the state according to the most recent federal census and other censuses authorized by law; Ten percent (10%) shall be allocated to the fantasy sports fund established by § 47-18-1607; and From July 1, 2016, to June 30, 2017, ten percent (10%) shall be allocated to the department of revenue for administration of this part; and Beginning July 1, 2017, and thereafter, two percent (2%) shall be allocated to the department of revenue for administration of this part. Acts 2016, ch. 978, § 4. Code Commission Notes. Acts 2016, ch. 978, § 4 enacted a new part 32, but the part has been redesignated as part 9, by authority of the Code Commission. Compiler's Notes. For Preamble to act relative to online simulated competition, see Acts 2016, ch. 978. Effective Dates. Acts 2016, ch. 978, § 6. July 1, 2016; provided that for the purposes of promulgating rules and for purposes of §§ 39-17-501 and 47-18-1611 , the act shall take effect April 27, 2016.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 67-4-905
What does Tennessee Code Annotated § 67-4-905 cover?
Section 67-4-905 ("Distribution of taxes.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 67-4-905?
A common citation format is "Tennessee Code Annotated § 67-4-905" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 67-4-905 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.