TN SB2583 | 2023-2024 | 113th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on May 13 2024 - 100% progression
Action: 2024-05-13 - Comp. became Pub. Ch. 886
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on May 13 2024 - 100% progression
Action: 2024-05-13 - Comp. became Pub. Ch. 886
Text: Latest bill text (Chaptered) [PDF]
Summary
As enacted, redefines a "qualified data center," for purposes of sales and use taxes, to include a data center that previously made the required capital investment in excess of $100 million and previously created at least 15 net new full-time employee jobs and the data center is transferred to an affiliate pursuant to a corporate reorganization under the Internal Revenue Code. - Amends TCA Section 67-6-102.
Title
AN ACT to amend Tennessee Code Annotated, Section 67-6-102, relative to qualified data centers.
Sponsors
| Sen. Brent Taylor [R] | Sen. Ken Yager [R] |
Roll Calls
2024-04-02 - 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 |
|---|---|---|
| 2024-05-13 | Comp. became Pub. Ch. 886 | |
| 2024-04-11 | Senate | Companion House Bill substituted |
| 2024-04-09 | Senate | Placed on Senate Regular Calendar for 4/11/2024 |
| 2024-04-02 | Senate | Sponsor(s) Added. |
| 2024-04-02 | Senate | Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0 |
| 2024-03-26 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/2/2024 |
| 2024-03-26 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/2/2024 |
| 2024-03-19 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/26/2024 |
| 2024-03-19 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 3/26/2024 |
| 2024-03-12 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/19/2024 |
| 2024-02-27 | Senate | Refer to Senate Finance, Ways & Means Committee w/ recommendation, as amended |
| 2024-02-20 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 2/27/2024 |
| 2024-02-13 | Senate | Refer to Senate F,W&M Revenue Subcommittee |
| 2024-02-05 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2024-02-01 | Senate | Introduced, Passed on First Consideration |
| 2024-01-31 | Senate | Filed for introduction |
Same As/Similar To
HB2182 (Crossfiled) 2024-05-13 - Effective date(s) 05/01/2024
