TN SB2558 | 2015-2016 | 109th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on May 2 2016 - 100% progression
Action: 2016-05-02 - Comp. became Pub. Ch. 881
Text: Latest bill text (Draft #2) [PDF]
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on May 2 2016 - 100% progression
Action: 2016-05-02 - Comp. became Pub. Ch. 881
Text: Latest bill text (Draft #2) [PDF]
Summary
As enacted, specifies additional circumstances under which the commissioner of revenue may waive penalties for delinquent franchise and excise taxes; alters the formula for calculating quarterly estimated payments for franchise and excise taxes; reduces penalties for deficient or delinquent estimated franchise and excise tax payments from 5 percent to 2 percent per month; makes other related revisions. - Amends TCA Title 67.
Title
As enacted, specifies additional circumstances under which the commissioner of revenue may waive penalties for delinquent franchise and excise taxes; alters the formula for calculating quarterly estimated payments for franchise and excise taxes; reduces penalties for deficient or delinquent estimated franchise and excise tax payments from 5 percent to 2 percent per month; makes other related revisions. - Amends TCA Title 67.
Sponsors
Roll Calls
2016-04-12 - Senate - SENATE FINANCE, WAYS, AND MEANS COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0 (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-05-02 | Comp. became Pub. Ch. 881 | |
| 2016-04-19 | Senate | Sponsor(s) Added. |
| 2016-04-19 | Senate | Companion House Bill substituted |
| 2016-04-18 | Senate | Placed on Senate Regular Calendar calendar for 4/19/2016 |
| 2016-04-18 | Senate | Senate Reset on calendar for 4/19/2016 |
| 2016-04-15 | Senate | Placed on Senate Regular Calendar calendar for 4/18/2016 |
| 2016-04-14 | Senate | Senate Reset on calendar for 4/18/2016 |
| 2016-04-12 | Senate | Placed on Senate Regular Calendar calendar for 4/14/2016 |
| 2016-04-12 | Senate | Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0 |
| 2016-04-06 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/12/2016 |
| 2016-04-06 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/12/2016 |
| 2016-04-06 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/6/2016 |
| 2016-04-05 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/6/2016 |
| 2016-03-30 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/5/2016 |
| 2016-03-29 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/5/2016 |
| 2016-03-23 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/29/2016 |
| 2016-03-22 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 3/29/2016 |
| 2016-03-16 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/22/2016 |
| 2016-03-15 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 3/22/2016 |
| 2016-03-09 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/15/2016 |
| 2016-03-01 | Senate | Refer to Senate Finance, Ways, and Means Committee with recommendation. |
| 2016-02-24 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/1/2016 |
| 2016-02-23 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 3/1/2016 |
| 2016-02-17 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 2/23/2016 |
| 2016-02-02 | Senate | Refer to Senate Revenue Subcommittee of Senate Finance, Ways & Means |
| 2016-01-25 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2016-01-21 | Senate | Introduced, Passed on First Consideration |
| 2016-01-21 | Senate | Filed for introduction |
Same As/Similar To
HB1554 (Crossfiled) 2016-05-02 - Pub. Ch. 881
