TN HB1912 | 2015-2016 | 109th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 20 2016 - 25% progression, died in chamber
Action: 2016-01-27 - Assigned to s/c Finance, Ways & Means Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 20 2016 - 25% progression, died in chamber
Action: 2016-01-27 - Assigned to s/c Finance, Ways & Means Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, decreases the penalty for deficient or delinquent quarterly estimated franchise and excise tax payments from five percent to one percent per month of underpayment; decreases the maximum total penalty for deficient or delinquent quarterly estimated franchise and excise tax payments from 25 percent to 12 percent. - Amends TCA Title 67.
Title
As introduced, decreases the penalty for deficient or delinquent quarterly estimated franchise and excise tax payments from five percent to one percent per month of underpayment; decreases the maximum total penalty for deficient or delinquent quarterly estimated franchise and excise tax payments from 25 percent to 12 percent. - Amends TCA Title 67.
Sponsors
| Rep. Glen Casada [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-27 | House | Assigned to s/c Finance, Ways & Means Subcommittee |
| 2016-01-25 | House | P2C, ref. to Finance, Ways & Means Committee |
| 2016-01-21 | House | Intro., P1C. |
| 2016-01-20 | House | Filed for intro. |
Same As/Similar To
SB2602 (Crossfiled) 2016-02-02 - Refer to Senate Revenue Subcommittee of Senate Finance, Ways & Means
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1912&ga=109 |
| Text | https://www.capitol.tn.gov/Bills/109/Bill/HB1912.pdf |
