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Section 43-29-112 - Referendum on continuation of assessment program — Tennessee Law | CourtGPT
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  6. Section 43-29-112 - Referendum on continuation of assessment program
Tennessee Legal Code

Section 43-29-112 - Referendum on continuation of assessment program

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If the commissioner determines that, during any continuous twelve-month period the assessment program is in effect, over thirty percent (30%) of the proceeds generated by the assessment is being refunded, then the commissioner shall conduct a referendum within one hundred twenty (120) days to determine whether the assessment program should remain in effect.Acts 1985, ch. 188, § 12.