Tenn. Code § 43-20-211
Current through Acts 2023-2024, ch. 1069
If the commissioner determines that during the first two (2) years the assessment is in effect that over fifty percent (50%) of the proceeds generated by the assessment is being refunded, then the commissioner shall conduct a referendum, within one hundred twenty (120) days of the end of the two-year period, on whether the assessment shall remain in effect.
T.C.A. § 43-20-211