Bill Sponsors: TN SB2558 | 2015-2016 | 109th General Assembly
Bill 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.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2016-05-02 - Comp. became Pub. Ch. 881 [SB2558 Detail]
Text: Latest bill text (Draft #2) [PDF]
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2016-05-02 - Comp. became Pub. Ch. 881 [SB2558 Detail]
Text: Latest bill text (Draft #2) [PDF]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Senator Mark Norris [R] | Primary | Sponsored Bills | SD-032 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Randy McNally [R] | Cosponsor | Sponsored Bills | SD-005 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Todd Gardenhire [R] | Cosponsor | Sponsored Bills | SD-010 | FollowTheMoney | Ballotpedia | VoteSmart |