Tennessee Senate Bill 1319 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 11 2021 - 25% progression, died in committee
Action: 2021-05-04 - Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]

As introduced, lowers, from $500,000 to $250,000, the amount of the required capital investment to be made by a business engaged in an enterprise located in a tier 3 or tier 4 enhancement county with a population less than 50,000, to qualify for a job tax credit; increases, from $4,500 to $9,000, the amount of the job tax credit provided to the business; authorizes an additional job tax credit if the business involves a higher level of investment and job creation. - Amends TCA Title 67, Chapter 4.

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, relative to the job tax credit.

Sen. Joseph Hensley [R]

Date	Chamber	Action
2021-05-04	Senate	Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee
2021-05-03	Senate	Placed on Senate Finance, Ways, and Means Committee calendar for 5/4/2021
2021-05-03	Senate	Action deferred in Senate Finance, Ways, and Means Committee to 5/4/2021
2021-04-29	Senate	Placed on Senate Finance, Ways, and Means Committee calendar for 5/3/2021
2021-04-28	Senate	Action deferred in Senate Finance, Ways, and Means Committee to 5/3/2021
2021-04-28	Senate	Placed on Senate Finance, Ways, and Means Committee calendar for 4/28/2021
2021-04-27	Senate	Action deferred in Senate Finance, Ways, and Means Committee to 4/28/2021
2021-04-22	Senate	Placed on Senate Finance, Ways, and Means Committee calendar for 4/27/2021
2021-04-22	Senate	Rule #83(8) Suspended, to be heard in S. FW&M Comm. 4/27/21
2021-03-30	Senate	Refer to Senate Finance, Ways & Means Committee w/ negative recommendation
2021-03-24	Senate	Placed on Senate FW&M Revenue Subcommittee calendar for 3/30/2021
2021-02-23	Senate	Refer to Senate Finance, Ways & Means Revenue Subcommittee
2021-02-22	Senate	Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
2021-02-11	Senate	Introduced, Passed on First Consideration
2021-02-11	Senate	Filed for introduction

HB0020 (Crossfiled) 2022-04-26 - Returned to the Clerk's Desk.

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1319&ga=112
Text	https://www.capitol.tn.gov/Bills/112/Bill/SB1319.pdf
Supplement	https://www.capitol.tn.gov/Bills/112/Fiscal/HB0020.pdf