TN SB0008 | 2017-2018 | 110th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-03-21 - Refer to Senate Finance, Ways & Means Committee w/ neutral recommendation
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-03-21 - Refer to Senate Finance, Ways & Means Committee w/ neutral recommendation
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, changes the statutory apportionment formula used to calculate franchise and excise taxes from a three-factor formula to a single-sales-factor formula. - Amends TCA Title 67, Chapter 4.
Title
As introduced, changes the statutory apportionment formula used to calculate franchise and excise taxes from a three-factor formula to a single-sales-factor formula. - Amends TCA Title 67, Chapter 4.
Sponsors
| Sen. Mark Green [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-21 | Senate | Refer to Senate Finance, Ways & Means Committee w/ neutral recommendation |
| 2017-03-16 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/21/2017 |
| 2017-03-15 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 3/22/2017 |
| 2017-03-10 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/15/2017 |
| 2017-03-01 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 3/15/2017 |
| 2017-02-22 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/1/2017 |
| 2017-02-14 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 2/28/2017 |
| 2017-02-08 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 2/14/2017 |
| 2017-01-31 | Senate | Refer to Senate Revenue Subcommittee |
| 2017-01-30 | Senate | Refer to Senate Finance, Ways & Means Committee |
| 2017-01-11 | Senate | Passed on Second Consideration, held on desk pending committee appointments |
| 2017-01-10 | Senate | Introduced, Passed on First Consideration |
| 2017-01-04 | Senate | Filed for introduction |
Same As/Similar To
HB0714 (Crossfiled) 2017-02-14 - Assigned to s/c Finance, Ways & Means Subcommittee
