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.

HB 2626 reallocates an existing $7,500 development impact fee in Cheatham County, known as the Cheatham County Development Tax. It changes how the revenue is distributed: 46.67% ($3,500) to the county’s general education debt fund, 46.67% ($3,500) to a dedicated fund for school building construction/renovation, and 6.66% ($500) to the Highway and Public Works Fund. The bill directly affects Cheatham County residents and developers who pay this fee, as it modifies where the existing revenue goes. The allocation requires approval by Cheatham County’s legislative body with a two-thirds vote to take effect.