Economic and Community Development - As introduced, enacts the "Courthouse Square Revitalization Act." - Amends TCA Title 6 and Title 67, Chapter 6.

HB 79 creates the "Courthouse Square Revitalization Act" to allocate state sales tax revenue from designated courthouse square areas back to small municipalities. It directly affects incorporated towns or cities serving as county seats with populations under 30,000 (per 2020 census), requiring them to formally designate a revitalization zone and apply for approval. The bill’s key mechanism redirects sales tax revenue generated within the approved zone to the municipality, which must use the funds exclusively for improving the courthouse square area through infrastructure, marketing, or other revitalization efforts. The program limits approval to six total projects (max two per grand division) and requires department review of applications including maps and boundary descriptions.