TN SB2160 | 2021-2022 | 112th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 31 2022 - 25% progression, died in committee
Action: 2022-04-26 - Action deferred in Senate Finance, Ways, and Means Committee to 4/27/2022
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 31 2022 - 25% progression, died in committee
Action: 2022-04-26 - Action deferred in Senate Finance, Ways, and Means Committee to 4/27/2022
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, expands the business tax exemption for persons engaged in the manufacture of goods from a location or outlet subject to ad valorem taxation, to also include sales by the person of such manufactured goods from a storage or warehouse facility subject to ad valorem taxation situated within a 10-mile radius of the location or outlet from which such goods were manufactured. - Amends TCA Title 67, Chapter 4, Part 7.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 7, relative to the Business Tax Act.
Sponsors
| Sen. Bo Watson [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-04-26 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/27/2022 |
| 2022-04-26 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/27/2022 |
| 2022-04-21 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/26/2022 |
| 2022-04-20 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/26/2022 |
| 2022-04-19 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/20/2022 |
| 2022-04-19 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2022 |
| 2022-04-14 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/19/2022 |
| 2022-03-15 | Senate | Refer to Senate Finance, Ways & Means Committee w/ negative recommendation |
| 2022-03-08 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/15/2022 |
| 2022-03-08 | Senate | Action deferred in Senate F,W&M Revenue Subcommittee to 3/15/2022 |
| 2022-03-01 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/8/2022 |
| 2022-02-15 | Senate | Refer to Senate F,W&M Revenue Subcommittee |
| 2022-02-03 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2022-02-02 | Senate | Introduced, Passed on First Consideration |
| 2022-01-31 | Senate | Filed for introduction |
Same As/Similar To
HB2263 (Crossfiled) 2022-02-07 - Assigned to s/c Finance, Ways, and Means Subcommittee
