TN SB0146 | 2015-2016 | 109th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 20 2015 - 25% progression, died in chamber
Action: 2016-02-08 - Assigned to General Subcommittee of Senate Commerce & Labor Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, increases from $50,000 to $75,000 the tangible net worth that comprises tangible assets less liabilities for each location of a business that makes flex loans; increases from 10 percent to 20 percent the percentage a shareholder must own. - Amends TCA Title 45, Chapter 12.

Tracking Information

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Title

As introduced, increases from $50,000 to $75,000 the tangible net worth that comprises tangible assets less liabilities for each location of a business that makes flex loans; increases from 10 percent to 20 percent the percentage a shareholder must own. - Amends TCA Title 45, Chapter 12.

Sponsors


History

DateChamberAction
2016-02-08SenateAssigned to General Subcommittee of Senate Commerce & Labor Committee
2015-02-11SenatePassed on Second Consideration, refer to Senate Commerce and Labor Committee
2015-02-09SenateIntroduced, Passed on First Consideration
2015-01-20SenateFiled for introduction

Same As/Similar To

HB1088 (Crossfiled) 2015-03-25 - Taken off notice for cal in s/c Insurance and Banking Subcommittee of Insurance and Banking Committee

Subjects


Tennessee State Sources


Bill Comments

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