TN HB0580 | 2011-2012 | 107th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 9 2011 - 25% progression, died in chamber
Action: 2011-02-16 - P2C, ref. to Conservation & Environment Committee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on February 9 2011 - 25% progression, died in chamber
Action: 2011-02-16 - P2C, ref. to Conservation & Environment Committee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, for inheritance tax purposes, excludes from decedent's gross estate the special use value of certain family owned farmland; exempts from additional taxation certain woodland and conservation transactions; exempts up to $5 million or 50 percent of the value of certain land covered by conservation easements. - Amends TCA Title 67.
Title
As introduced, for inheritance tax purposes, excludes from decedent's gross estate the special use value of certain family owned farmland; exempts from additional taxation certain woodland and conservation transactions; exempts up to $5 million or 50 percent of the value of certain land covered by conservation easements. - Amends TCA Title 67.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-02-16 | P2C, ref. to Conservation & Environment Committee | |
| 2011-02-14 | Intro., P1C. | |
| 2011-02-09 | Filed for intro. |
Same As/Similar To
SB0752 (Crossfiled) 2011-04-13 - Assigned to Gen. Sub of S. Tax Sub Comm.
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0580&ga=107 |
| Text | https://www.capitol.tn.gov/Bills/107/Bill/HB0580.pdf |
