Establishes study to identify alternative sources to current motor fuel-based taxes and vehicle registration fees.

Requires the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to study sustainable funding sources that meet this state's future transportation infrastructure needs and submit its recommendations to the chair of the committee in the House of Representatives with jurisdiction over transportation matters, the chair of the Transportation and Safety Committee of the Senate, and the legislative librarian on or before January 15, 2026.

The study and report must:
(1) Examine overall road, bridge, and other transportation infrastructure needs of this state;
(2) Identify measures to increase revenue to meet the transportation infrastructure needs of this state in the long-term future;
(3) Identify alternative sources to current motor fuel-based taxes and vehicle registration fees to supplement the decreases in transportation infrastructure funding due to vehicles becoming more fuel efficient or using no
fuel; and
(4) Survey funding sources and programs used by at least three (3) other states to address their challenges in establishing sustainable transportation infrastructure funding.

Pending second reading in House. Same as SB 703.

02/05/2025 Introduced. Passed first consideration in House.