TN SB2792 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 1 2024 - 25% progression, died in committee
Action: 2024-03-19 - Refer to Senate Finance, Ways & Means Committee w/ negative recommendation
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 1 2024 - 25% progression, died in committee
Action: 2024-03-19 - Refer to Senate Finance, Ways & Means Committee w/ negative recommendation
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, requires the commissioner of revenue to report on or before February 1, 2025, to the finance, ways and means committees of the senate and the house of representatives the total annual amount of industrial machinery franchise and excise tax credits provided under Section 67-4-2009(3), for fiscal years 2020-2024. - Amends TCA Title 67.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, relative to franchise and excise taxes.
Sponsors
| Sen. Bo Watson [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-19 | Senate | Refer to Senate Finance, Ways & Means Committee w/ negative recommendation |
| 2024-02-20 | 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 |
| 2024-02-01 | Senate | Filed for introduction |
Same As/Similar To
HB2924 (Crossfiled) 2024-02-05 - P2C, caption bill, held on desk - pending amdt.
