Bill Title: As introduced, for tax years beginning January 1, 2016, increases the income exemption levels for taxpayers 65 years of age or older from $37,000 to $50,000 for single filers and from $68,000 to $100,000 for joint filers. - Amends TCA Section 67-2-104.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2016-04-18 - Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee [SB1551 Detail]

Text: Latest bill text (Draft #2) [PDF]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Jack Johnson [R]	Primary	Sponsored Bills	SD-027	FollowTheMoney	Ballotpedia	VoteSmart
Senator Steven Dickerson [R]	Cosponsor	Sponsored Bills	SD-020	FollowTheMoney	Ballotpedia	VoteSmart

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