CHAPTER NO. 594
SENATE BILL NO. 2242
By Fowler, Atchley
Substituted for: House Bill No. 2227
By Haley, McDaniel
AN ACT To amend Tennessee Code Annotated, Section 67-4-1021, relative to sharing with municipalities and/or counties the net proceeds on the sale of contraband tobacco products seized by such local governments.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 67-4-1021, is amended by deleting the word "and" at the end of subdivision (a)(2), by inserting the following new subdivision immediately following subdivision (a)(2), and by redesignating the subsequent subdivisions accordingly:
(3) In the case of any contraband property seized by any law enforcement officer of any incorporated municipality or of any county and turned over by them to the Department of Revenue for confiscation, there shall be paid to the municipality or to the county served by such officer fifty percent (50%) of the net proceeds thereof; and
SECTION 2. This act shall take effect upon becoming a law, the public welfare requiring it.
PASSED: February 19, 1998
APPROVED this 10th day of March 1998