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

SB 754 creates the "Courthouse Square Revitalization Act" to redirect sales tax revenue from designated areas around county courthouses in small Tennessee towns (population ≤30,000 per 2020 census) to local revitalization efforts. Municipalities must apply for approval to establish a "revitalization zone" around their courthouse, and if approved, they receive tax revenue from that zone to fund improvements like infrastructure, marketing, or public-private partnerships. The state limits approval to six total projects (max two per grand division), requiring department review of applications including maps and use descriptions. This policy directly affects eligible small county-seat municipalities by providing dedicated funding for courthouse square development.