Bill Title: As introduced, exempts entities that would otherwise have less than $100 in combined franchise and excise tax liability from franchise and excise taxes for tax years that begin between July 1, 2018 and July 1 2019; gradually increases the exemption threshold to $500 for tax years that begin on or after July 1, 2020. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

Spectrum: Partisan Bill (Republican 6-0)

Status: (Introduced - Dead) 2018-04-18 - Taken off notice for cal in s/c Finance, Ways & Means Subcommittee of Finance, Ways & Means Committee [HB1593 Detail]

Text: Latest bill text (Draft #1) [PDF]

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