(a) The estimated rate of growth of the state‘s economy shall be based upon the projected change in Tennessee personal income.

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Terms Used In Tennessee Code 9-4-5201

  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(b) Tennessee personal income shall consist of those sources of income included in the United States department of commerce’s definition of “personal income.”