Tennessee Code 67-3-902 – Investment of idle funds from 1986 gasoline tax increases
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 67-3-902
- Highway: includes public bridges and may be held equivalent to the words "county way" "county road" or "state road". See Tennessee Code 1-3-105
- State: means the state of Tennessee. See Tennessee Code 67-3-103
All funds from the increase in taxes imposed by chapter 931 of the Acts of 1986, and allocated to the state highway fund shall be placed in a separate account and, to the extent not required for the projects provided for in chapter 931 of the Acts of 1986, shall be invested pursuant to § 9-4-603, with the investment income credited to the highway fund.