Tennessee § 67-9-101 - Basis of apportionment.
Full text of Tennessee Tennessee Code Annotated § 67-9-101 — Basis of apportionment., with citation guidance and answers to common questions.
§ 67-9-101. Basis of apportionment.
Any increase in the payments received by the state from the Tennessee Valley authority in lieu of taxes under § 13 of the act of congress creating the authority, as amended, above the payments received in the fiscal year 1977-1978 shall be apportioned between the state and local governments in the following manner: Forty-eight and one-half percent (48.5%) shall be paid to or retained by the state of Tennessee; Forty-eight and one-half percent (48.5%) shall be paid to the counties and municipalities of this state as provided in this part; and Three percent (3%) shall be paid to impacted local governing areas that are experiencing Tennessee Valley authority construction activity on facilities to produce electric power. Such impacted areas shall be designated by the Tennessee Valley authority. Such payments to impacted areas shall be made during the period of construction activity and for one (1) full fiscal year after completion of such activity. If, in any fiscal year, there are no impacted areas, these funds shall be allocated as provided in § 67-9-102(b)(3). The state's share of such funds shall not be less than the amount of such funds received by it during the fiscal year preceding July 1, 1978. Acts 1947, ch. 31, § 1; mod. C. Supp. 1950, § 1540.2 (Williams, § 1811.32); Acts 1977, ch. 181, § 1; T.C.A. (orig. ed.), §§ 67-2401, 67-24-101; Acts 1990, ch. 640, § 1. Compiler's Notes. House Joint Resolution 440 of the 94th General Assembly provided that this part shall be known and may be cited as the “Tennessee State Revenue Sharing Act.” The act creating the Tennessee Valley authority, referred to in this section, is found in ch. 32, 48 Stat. 58 (1933), compiled in 16 U.S.C. §§ 831 — 831dd. Cross-References. Peace officers for Tennessee Valley authority, § 38-3-120 . Attorney General Opinions. The state can probably continue to distribute state-shared taxes even if the general assembly does not enact a general appropriations act, OAG 00-083 (5/4/00).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 67-9-101
What does Tennessee Code Annotated § 67-9-101 cover?
Section 67-9-101 ("Basis of apportionment.") 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 § 67-9-101?
A common citation format is "Tennessee Code Annotated § 67-9-101" (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 § 67-9-101 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.