Cheatham County - Subject to local approval, requires the existing impact fee of $7,500 in Cheatham County, known as the Cheatham County Development Tax, to be allocated as follows: $3,500 to the county Education Debt Service Fund; $3,500 to the county Education Debt Service Fund reserved for school building construction and renovation; and $500 to the Highway and Public Works Fund. - Amends Chapter 28 of the Private Acts of 1997.
Comp. became Pr. Ch. 34
Summary
The bill directs the $7,500 Cheatham County Development Tax to be split evenly between the county’s Education Debt Service Fund and a reserve for school building projects, with a small portion going to the Highway and Public Works Fund. Allocation only takes effect if the county’s legislative body approves the measure by a two‑thirds vote. It amends the 1997 Private Acts to formalize these distribution rules.
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