TN SB1884 | 2019-2020 | 111th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 27 2020 - 25% progression, died in chamber
Action: 2020-03-11 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 27 2020 - 25% progression, died in chamber
Action: 2020-03-11 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, expands the current exemption from sales and use tax for tangible personal property held by a sole proprietorship that incorporates as a corporation, to the tangible personal property of a sole proprietorship that organizes as a limited liability company. - Amends TCA Title 67.
Title
As introduced, expands the current exemption from sales and use tax for tangible personal property held by a sole proprietorship that incorporates as a corporation, to the tangible personal property of a sole proprietorship that organizes as a limited liability company. - Amends TCA Title 67.
Sponsors
| Sen. Bo Watson [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-11 | Senate | Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee |
| 2020-03-04 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/11/2020 |
| 2020-02-25 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/3/2020 |
| 2020-02-04 | Senate | Refer to Senate FW&M Revenue Subcommittee |
| 2020-01-30 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2020-01-29 | Senate | Introduced, Passed on First Consideration |
| 2020-01-27 | Senate | Filed for introduction |
Same As/Similar To
HB1939 (Crossfiled) 2020-01-30 - P2C, caption bill, held on desk - pending amdt.
