TN HB0748 | 2023-2024 | 113th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2023 - 25% progression, died in chamber
Action: 2024-01-10 - Sponsor change.
Text: Latest bill text (Draft #4) [PDF]

Summary

As introduced, enacts the "Tennessee Tax on Wall Street Act"; imposes a tax equal to 4 percent on all purchases of financial securities made by Tennessee residents; exempts purchases made by retirement accounts and savings plans. - Amends TCA Title 67.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 67, relative to purchases of financial securities.

Sponsors


History

DateChamberAction
2024-01-10HouseSponsor change.
2024-01-10HouseSponsor(s) withdrawn.
2023-04-10HouseSponsor change.
2023-02-01HouseP2C, ref. to Government Operations for Review -- Finance, Ways, and Means Committee
2023-01-30HouseIntro., P1C.
2023-01-27HouseFiled for introduction

Same As/Similar To

SB1516 (Crossfiled) 2023-02-14 - Refer to Senate F,W&M Revenue Subcommittee

Subjects


Tennessee State Sources


Bill Comments

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