Plain English Breakdown
The official summary does not provide details on what happens if the report is submitted late, nor does it specify how this change will affect other deadlines or processes related to reporting.
Changing Aviation Fuel Tax Reporting Deadline
This bill changes the deadline for reporting aviation fuel tax revenues from December 31 to January 15.
What This Bill Does
- Changes the date by which Tennessee's Department of Finance and Administration must report aviation fuel tax revenue.
- Moves the reporting deadline from December 31 to January 15 each year.
Who It Names or Affects
- The Department of Finance and Administration
- Committees in both houses that deal with finance and transportation
Terms To Know
- Aviation fuel tax revenue
- Money collected from taxes on aviation fuel.
Limits and Unknowns
- The bill does not specify what happens if the report is submitted late.
- It's unclear how this change will affect other deadlines or processes related to reporting.