TN SB0736 | 2021-2022 | 112th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on April 6 2021 - 100% progression
Action: 2021-04-06 - Comp. became Pub. Ch. 70
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Bipartisan Bill
Status: Passed on April 6 2021 - 100% progression
Action: 2021-04-06 - Comp. became Pub. Ch. 70
Text: Latest bill text (Chaptered) [PDF]
Summary
As enacted, creates a sales and use tax exemption and a credit for qualified payroll expenses against an applicant's combined franchise and excise tax liability for qualified film or television productions if the commissioners of revenue and economic and community development determine that the exemption and credit is in the best interests of the state. - Amends TCA Section 67-4-2109 and Title 67, Chapter 6, Part 3.
Title
AN ACT to amend Tennessee Code Annotated, Section 67-4-2109 and Title 67, Chapter 6, Part 3, relative to tax benefits for qualified productions.
Sponsors
| Sen. Jack Johnson [R] | Sen. Raumesh Akbari [D] | Sen. Heidi Campbell [D] | Sen. Page Walley [R] |
| Sen. Bo Watson [R] | Sen. Jeff Yarbro [D] |
Roll Calls
2021-03-18 - Senate - FLOOR VOTE: Motion to Adopt (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2021-03-16 - Senate - SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2021-03-16 - Senate - SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-06 | Comp. became Pub. Ch. 70 | |
| 2021-03-18 | Senate | Sponsor(s) Added. |
| 2021-03-18 | Senate | Companion House Bill substituted |
| 2021-03-16 | Senate | Placed on Senate Consent Calendar 2 for 3/18/2021 |
| 2021-03-16 | Senate | Recommended for passage, refer to Senate Calendar Committee |
| 2021-03-09 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/16/2021 |
| 2021-03-09 | Senate | Refer to Senate Finance, Ways & Means Committee w/ recommendation |
| 2021-03-02 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/9/2021 |
| 2021-03-01 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/2/2021 |
| 2021-02-23 | Senate | Refer to Senate Finance, Ways & Means Revenue Subcommittee |
| 2021-02-11 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2021-02-10 | Senate | Introduced, Passed on First Consideration |
| 2021-02-09 | Senate | Filed for introduction |
Same As/Similar To
HB0141 (Crossfiled) 2021-04-06 - Effective date(s) 07/01/2021
