Public Funds and Financing - As enacted, generally requires that all monies received under the sales and use tax from the sale, use, consumption, or distribution of new or used tires on or after July 1, 2025, must be earmarked and allocated to the highway fund. - Amends TCA Title 4; Title 54; Title 55; Title 65 and Title 67.

SB 144 redirects all sales and use tax revenue from tire sales (new or used) starting July 1, 2025, into Tennessee’s highway fund. This applies to all tire-related transactions, including sales, use, consumption, or distribution. The bill exempts existing tax revenue dedicated to education (from 1992 and 2002 laws), which remains allocated as currently required. The law ensures tire tax funds directly support highway infrastructure maintenance and development.