TN SB1198 | 2019-2020 | 111th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 6 2019 - 25% progression, died in chamber
Action: 2019-03-26 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, redefines "passive investment income" for family-owned noncorporate entities to include rents from commercial property for entities who qualified as an obligated member entity as of January 1, 2019. - Amends TCA Section 67-4-2008.

Tracking Information

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Title

As introduced, redefines "passive investment income" for family-owned noncorporate entities to include rents from commercial property for entities who qualified as an obligated member entity as of January 1, 2019. - Amends TCA Section 67-4-2008.

Sponsors


History

DateChamberAction
2019-03-26SenateAssigned to General Subcommittee of Senate FW&M Revenue Subcommittee
2019-03-19SenatePlaced on Senate FW&M Revenue Subcommittee calendar for 3/26/2019
2019-03-19SenateAction deferred in Senate FW&M Revenue Subcommittee to 3/26/2019
2019-03-12SenatePlaced on Senate FW&M Revenue Subcommittee calendar for 3/19/2019
2019-02-19SenateRefer to Senate F,W&M Revenue Subcommittee
2019-02-11SenatePassed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
2019-02-07SenateIntroduced, Passed on First Consideration
2019-02-06SenateFiled for introduction

Same As/Similar To

HB1080 (Crossfiled) 2019-03-28 - Held on desk.

Subjects


Tennessee State Sources


Bill Comments

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